Tesla chief executive say on X (formerly Twitter) that wage boosts and shorter work week will cause GM, Ford and Stellantis to go bankrupt quickly.
Elon Musk said demands by the United Auto Workers could quickly bankrupt the big auto makers as the strike by the UAW drew unprecedented support from President Joe Biden.
Meanwhile, former president Donald Trump is scheduled to speak Wednesday at a non-union auto-parts maker in Michigan. Biden appeared to say “yes” after several workers said “yes” after a reporter asked him if he supported a 40% raise for UAW members. The raise would be over a period of three years.
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