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IPFS News Link • General Opinion

Elon Musk Says UAW Demands Would Bankrupt Ford, GM, Stellantis

• by Iulian Dnistran

As the United Auto Workers' strike against General Motors, Ford, and Stellantis continues in its second week, Tesla CEO Elon Musk went to his preferred way of communicating with the outside world – X (formerly Twitter) – to voice his opinion on the union workers' demands.

In a reply to another user who said that President Biden agrees that UAW members should get a 40 percent wage increase, Musk blasted the union, saying it's a sure way to drive the three companies bankrupt.According to Automotive News, the union reduced its demands for pay raises in negotiations with officials from 40 percent to 36 percent. At the same time, it requests the elimination of different tiers for workers and a cutback of temporary workers who are typically paid less, as well as a restoration of defined-benefit pensions and more time off for workers, including a proposed 32-hour work week.