This chapter explores the possibility of unionization at Tesla and the potential consequences for the company, including Elon Musk's resistance and the demand for a collective agreement by Swedish unions. It also briefly discusses the impact of the weak global economy on the luxury whiskey market.
Qatar said mediators had secured a deal to prolong the temporary truce between Israel and Hamas by two days, Chinese fast-fashion group, Shein, has filed confidential paperwork for an initial public offering with the US securities regulator, and Tesla CEO Elon Musk is experiencing a bit of culture shock as he fights against union action in Sweden. Plus, the value of rare whiskies sold at auction has recorded the steepest fall in a decade other than during the pandemic.
Mentioned in this podcast:
Israel-Hamas truce extended by 2 days, says Qatar
Chinese fast-fashion retailer Shein makes confidential filing for US IPO
Tesla wins interim decision against Swedish state over car number plates
Premium whisky prices slump as weak global economy hurts taste for luxury
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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