Reported 6 months ago
Norwegian pension fund KLP, a Tesla investor, will back a proposal urging the electric vehicle maker to engage in labor negotiations amidst ongoing industrial action in Sweden. The proposal calls for a commitment to non-interference and good faith bargaining. KLP will also vote against Tesla's relocation to Texas and CEO Elon Musk's $56 billion pay package, citing insufficient rationale and excessive costs. This has broader implications for Tesla's anti-union stance, with Swedish pension fund AMF also supporting the motion.
Source: YAHOO