As of September 25, approximately 13% of the United Auto Workers’ (UAW) membership was on strike across various GM, F, and STLA plants and distribution centers. The strike could potentially impact U.S. vehicle prices, production rates, and the repair of automobiles and benefit both TSLA and non-U.S. automakers. On September 22, the union initiated new strikes on GM and STLA facilities while refraining from targeting any F plants due to progress in negotiations with the company. In this recording, CFRA Vice President of Equity Research Garrett Nelson shares his thoughts on the potential impacts of the strike, how the situation might play out, how much longer it might persist, and the industry’s various winners and losers.
Research, Video, Fundamental