
IPFS News Link • Economy - Economics USA
Musk Warns Biden-Backed 40% UAW Pay-Hike Risks Big 3 Bankruptcy (Again)
They want a 40% pay raise *and* a 32 hour workweek. Sure way to drive GM, Ford and Chrysler bankrupt in the fast lane.?" Elon Musk (@elonmusk) September 26, 2023 The last time the automotive industry was in a crisis was when Biden was vice president. During that time, automakers received a bailout from then-President Obama. Even the corporate press has had to admit that Tesla benefits from the union chaos in Detroit.