The American electric car manufacturer is on the “black list” for violations of labor rights in the United States.
The Swedish Pension Fund AR7 sold all of American manufacturer Tesla Electric Vehicles and made the company’s “black list”. It was reported that day before Reuters.
It is indicated that the AR7 explained this decision by violating the TESLA rights of trade unions in the United States.
“The AR7 decided to bring Tesla to a blacklist for confirmed by a violation of labor rights in the United States,” the pension fund said.
For many years, the fund has been reconciled to Tesla, but “the company has not taken enough steps to solve this problem.”
According to the AR7 representative, the Tesla -owned funds share $ 1.36 billion, which is about 1% of its total.
“The total funding of the funds by the end of May reached 1.181 billion kroons, that is, about $ 125 billion,” Reuters said.
Remember, on June 5, Tesla’s sharing dropped by 14%, reducing the cost of a manufacturer of electric vehicles by $ 152 billion. This is the biggest blow to the market capitalization of history in the midst of the scandal between US President Donald Trump and Tesla founder Ilon Musk.
After a few hours, Tesla stocks restored the growth against the background of an apology from the mask.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.