Was reading an excerpt of this today, seems the fossil fuel car manufacturing industry can't pay its workers enough - https://www.freep.com/story/money/cars/ ... 417596002/
Meanwhile, the Chinese EVs are about to hit the U.S. Australia, and other markets, and any guesses who would win. At roughly around 20k USD or around that per car. Guess who is going to win. Even with import taxes of 10% and above.
Who cares about the working American, right? Cheap Chinese labor for all - hooray!
That is going to be there as well as automation, some things you cannot stop. that but you need policies that can lessen the issues. Elon Musk shared some - https://www.msn.com/en-us/money/markets ... ar-AANxXvG
But most people don't like that. The end result is the above. If somebody can go to a mall and get higher wages doing less intensive work, why would s/he stick around? Also, tells that the Unions have been compromised otherwise why would they have bad deals for their own workmates.
Meanwhile, in Giga Berlin, Tesla gave around 50 cars to its employees who would be working at Giga Berlin. While no details were shared at the opening ceremony, it is assumed that they got the cars at heavily discounted prices. Also, employees of Tesla get stock options from day one. Even in the Chinese, quite a few of them give stock options and whatnot to their employees. They also give health insurance and other benefits to their employees. There is a well-known Twitter war between Mary Barra and Elon Musk, think it started with an ad and Elon responded. The argument ended in Musk's favor.
I think what the above is showing is the use and throw mentality. With the change of technology as well as HR and the pandemic, the companies aren't able to adapt and that's the reason the above is happening.