Wells Fargo Securities Analyst (Dan Ives): Tesla is expected to become: the company with the highest market capitalization in the world. Recently, he made a bold judgment: Tesla shares will reach $300 within 10 years. The first point is market share growth (Ives) predicts that Tesla currently accounts for 5% of total car sales, and growth to 25% by 2025. The second point is innovation and technological advantage: in battery technology, software, autonomous driving. The third point of global market expansion: Tesla showed strong momentum in the global market
Translated
STOCKHOLM (Reuters) — Tesla is facing increasing pressure in Sweden from a pro-mechanic union to reach a collective bargaining agreement with the US automaker, and workers at one of its suppliers will go on strike next week.
Tesla has no manufacturing plants in Sweden, but its electric vehicles provide maintenance services in workshops across the country, and around 130 mechanics from the Swedish trade union IF Metall began a strike on October 27.
Dockers and car dealers soon joined them, refusing to dispose of Tesla products.
A spokesman for Hydro Extrusions, a subsidiary of Norwegian aluminum and energy company Hydro, said the company's roughly 50 union workers will stop producing Tesla car products next Friday. The spokesperson added that the rest of the plant in the city of Vetlanda will continue to operate.
Hydro Extractions' Vetlanda plant produces aluminum profiles — turning aluminum into shape, and is the first Tesla supplier in Sweden to drop tools to support the mechanics' strike.
Tesla did not immediately respond to a request for comment.
The union said the automaker told IF Metall on November 6 that it did not want to sign a collective agreement.
IF Metall spokesperson Jesper Pettersson said, “We want Tesla Sweden to sign...
Tesla has no manufacturing plants in Sweden, but its electric vehicles provide maintenance services in workshops across the country, and around 130 mechanics from the Swedish trade union IF Metall began a strike on October 27.
Dockers and car dealers soon joined them, refusing to dispose of Tesla products.
A spokesman for Hydro Extrusions, a subsidiary of Norwegian aluminum and energy company Hydro, said the company's roughly 50 union workers will stop producing Tesla car products next Friday. The spokesperson added that the rest of the plant in the city of Vetlanda will continue to operate.
Hydro Extractions' Vetlanda plant produces aluminum profiles — turning aluminum into shape, and is the first Tesla supplier in Sweden to drop tools to support the mechanics' strike.
Tesla did not immediately respond to a request for comment.
The union said the automaker told IF Metall on November 6 that it did not want to sign a collective agreement.
IF Metall spokesperson Jesper Pettersson said, “We want Tesla Sweden to sign...
Translated
The Federal Reserve said that it will not raise interest rates yet. To some extent, the recent rebound in the stock market is also related to the Fed's rebound. However, whether the Q4 carnival can continue until 2024 is indeed a topic. It is related to yesterday's rumor that Ping Bao suddenly plummeted. The market is asking what happened. It turned out that Ping Bao had a chance to become the White Warrior of Country Garden. Of course, it was completely denied.
Translated