Source: Investing.com Italy
Source: Investing.com Italy
Source: Economic Times India
Having called off its proposed joint venture with Mahindra & Mahindra, US carmaker Ford India is likely to rely on its own set of engines and products to define the future footprint in India. The company has asked its vendors to hold work on the two upcoming projects BX744 and BX772 till August 2021, as it finalizes the new powertrains from within the Ford world. In a recent communication, the company informed that future compact SUVs – BX744 and BX772 will be managed internally. The shift from Mahindra’s engine to its own would mean Ford India’s projects – BX772 – Hyundai Creta rival and BX 744 – the new sub-4 metre SUV slated for 2022-2023 may get delayed by six months. Ford, as per several sources close to the development, is also re-evaluating alternatives for CSUV and likely to go with one of their own products like Territory than rely on a Mahindra product in any way.In the interim, the company will announce many refreshes including one for EcoSport where plans to include Mahindra’s G12 powertrain has been dropped.
Tesla Inc. (NASDAQ: TSLA ) co-founder JB Straubel’s recycling startup Redwood Materials is partnering with North American electronic waste processing company ERI to recycle batteries and solar panels. What Happened: As part of the partnership, Nevada-based Redwood has made an undisclosed investment in ERI and Straubel has been elected to ERI’s board. The partnership will aim to deliver the last mile of electronic recycling of solar panels and batteries in a … Full story available on Benzinga.com
Tesla Inc (NASDAQ: TSLA ) is selling thunderbolt-themed empty bottles in Europe and China after previously selling Tequilla in the same receptacles in the United States. What Happened: The decanters, launched as collectibles, are available for pre-order on Tesla France’s website for EUR 150 ($176.77) and in China for RMB 779 ($119). In November, Tesla CEO Elon Musk had touched on the difficulty of distributing liquor to overseas markets in a tweet. Unfortunately, there are too many rules around liquor distribution, even … Full story available on Benzinga.com
Source: Forbes Middle East
Tesla was directed to tell Elon Musk to delete his tweet, which the NLRB decision said “coercively threatened” employees with loss of benefits.
The National Labor Relations Board has ruled that Tesla Inc. (NASDAQ: TSLA ) violated labor laws when it fired a union activist in 2017. The federal agency also ordered CEO Elon Musk to remove an “unlawful tweet” in 2018 that threatened Tesla workers hoping to unionize. What Happened: The NLRB directed Tesla to rehire the union activist, Richard Ortiz, and compensate him for loss of earnings, other benefits and adverse tax consequences following his firing. Ortiz was part of an organizing campaign, “Fair Future at Tesla.” The NLRB said Tesla broke the law by “coercively interrogating” workers who attempted to unionize and for preventing them from speaking to the media without … Full story available on Benzinga.com
Source: ABC News
Tesla CEO Elon Musk has tweeted his way into trouble with another federal agency, this time the National Labor Relations Board
Source: Business Insider
Summary List Placement The National Labor Relations Board ruled Thursday that Tesla repeatedly violated labor laws by trying to prevent workers from organizing and discussing working conditions. In a 3-2 vote, the NLRB found Tesla broke the law by “coercively interrogating” workers engaged in legally protected organizing activities, using gag orders to prevent them from talking to the media, and firing union activist Richard Ortiz in 2017 (the board ordered Tesla to rehire the worker). Tesla did not respond to a request for comment on this story. The NLRB also ruled CEO Elon Musk “unlawfully threatened” workers in a 2018 tweet and must remove it. “Nothing stopping Tesla team at our car plant from voting union. Could do so tmrw if they wanted. But why pay union dues & give up stock options for nothing? Our safety record is 2X better than when plant was UAW & everybody already gets healthcare,” Musk said in the tweet . US labor law allows companies to claim bad things could happen if workers unionize, but it doesn’t allow them to punish workers if they do unionize.
Source: New York Times
The board required that Tesla reinstate the employee and that Mr. Musk delete the tweet. It also required that the company amend its confidentiality agreement.
The NRLB has directed Tesla to ask Musk to remove his offending tweet, and to offer a job back to a terminated employee who participated in union organizing.