Are Unions Destroying Volkswagen? | Disruptive Investing News
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I worked for McDonald Douglas assembly plant in the 60’s on the “ night shift or graveyard “ while I was in college. They are no longer in business but the joke amongst the workers was asking “ are you working overtime tonight? Answer was “ No, but I’m staying overtime”
Let them vote, if the workers don't want a union they'll vote it down. Unless you don't believe the employees should be given that choice?
@sambira
5 ай бұрын
They don't want to take the chance that the employees will reject the union. There is only a small percent that want one right now.
@davidbeppler3032
5 ай бұрын
The Union is trying to FORCE them to join. You are on the wrong side.
Important detail The Swedish strike is about collective agreement - payment plan, pension plan - which is kinda silly because the payment and pension at Tesla is better than the minimum terms that IF Metall want to impose. Which shows that it's a skin job and about a large company not following the union which is standard practice in Sweden. Most places also have a union person sitting at the management table and that is what can stop quick changes and make innovation slower. And that is the big problem
6:26 "I don't think Elon will allow giga Berlin to unionize" Since when is unionizing the choice of the employer? Tesla says 10% of service technicians wants to join in Sweden. IF Metall says 50%.
@MathGPT
5 ай бұрын
Technically employers choose when they unionize when they mistreat workers. That was the whole point of them
@davidbeppler3032
5 ай бұрын
Unionizing has always been the choice of the employer. The Union pays $38.50/hr. The company pays $52/hr. Pick one. See the employer made the choice.
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5 ай бұрын
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5 ай бұрын
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5 ай бұрын
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5 ай бұрын
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5 ай бұрын
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That's why my organization makes sense. You have ownership over your company.
I’m kinda ambivalent about unionization. I’m a TSLA stockholder and if I was a Tesla employee I think I would like to have the Tesla stock purchase opportunity. But unfortunately it looks like the American auto industry needs unionization except for Tesla.
@davidbeppler3032
5 ай бұрын
Employees need a union when they are being taken advantage of. Example: American food industry needs a union. The waitress makes $950 a week in untaxed tips and the cook makes $750 taxed at the highest rate possible in the kitchen.
Yes
When I worked for tesla I got stock options after 90 days.
@davidbeppler3032
5 ай бұрын
Yea, not sure when they think it changed.
Betteridge's law of headlines
Marocco could also be a good choice
@morockinman
4 ай бұрын
No union no tax it’s a tax free zone and that why china is building factories there
In Switzerland
How many employees in Berlin ?
How about Canada?
UAW doesn’t want to unionize Tesla for the workers. They want to collect their union dues which is a lot of money and partly why employees might be against it.
@davidbeppler3032
5 ай бұрын
Join the union and lose $500k? Why would a Tesla employee do that?
As a union man I can say being union isn't just about the money or benefits. It's about having the power to stop abusive managers that HR turns a blind eye to. It's about having Just Cause rights vs. being an At-Will employee. Tesla doesn't get to choose if the workers unionize, the workers do, and if 50%+1 vote Yes, then more power to them.
Finnish unions should stop the export of stainless steel to Austin. That should get Elon's attention
@michaelsmithers4900
5 ай бұрын
I’m guessing those workers work for a company with a financial interest in them not doing that.
@spacegamer85
5 ай бұрын
Breach of contract and we know Elon is not afraid to use his legal team when he feels he has been wronged. Also doing so would get that company blacklisted and Elon will find either other companies to supply parts or bring it fully in house. Not smart to bet against Tesla.
@davidbeppler3032
5 ай бұрын
Finnish Unions should just stop any work at all until Tesla FORCES the employees to join the union. That would get their Gov's attention.
If they want it it’s their right to have it
You may be missing the main union labor organizations fears. It is pretty obvious that legacy auto manufacturers are facing bankruptcy which will Trump the collective bargaining agreements and will result in massive labor position losses. Chuck
Cutting lead times from three years to fifty months adds over a year to the task.
@spacegamer85
5 ай бұрын
You got that backwards. It was from 50 months down to 36 months.
@davidbeppler3032
5 ай бұрын
@@spacegamer85 You are both wrong. It was claimed to be from 50 to 36. Reality is from 50 to 65. How do you do something faster after firing the guys that know how to do it? Imagine the panel gaps VW is going to have! lmao
they should build a factory in the UK - free trade with the EU, loads of experience in the car industry and relatively weak unions....
@spacegamer85
5 ай бұрын
Problem is UK has been invaded (according to news sources)
Guys, the American unions cannot be compared with the unions in Scandinavia (or to those in Germany). In Scandinavia most people are part of unions - even management. In Denmark 2/3 of the work force are members of a union. Unions are an integral part of how we have setup our society and some companies offer stock options even when they are unionised. Tesla should realise that this is how we roll and just accept it - McDonald's realised it back in 1989 after a big conflict.
@spacegamer85
5 ай бұрын
Nope. Elon sees a bigger picture. Caving to Unions in Europe gives UAW ammunition back in the states. Strong arm tactics are not the correct strategy. Tesla provides value and expects the same from it's partners, suppliers, and workers. IF Metall so far has failed to show that having unions adds value only costs.
@davidbeppler3032
5 ай бұрын
IF Metall should increase all Union pay by 20% so they are competitive with Tesla. That is just how it is. IF Metall does not pay well enough.
The union sits on the VW board.
New Channel??
@spacegamer85
5 ай бұрын
Nope they have had this one for years. Now you Know is still their primary.
Think abaout British Leyland in the 1970s, the battle between 'Red Robbo' and the boss Edwards. The management were inept and did very little, the workers followed suit. Complete shitshow that killed the company.
I doubt that we will see an east coast of the united states gigafactory any time soon. I would bet on canada well before that.
Still can't buy a Tesla in Texas. It is illegal.
Tesla having 10 000 suppliers is not vertically integrated. They wouldn't need a warehouse on wheels if they were
@michaelsmithers4900
5 ай бұрын
Is 10,000 a factual number? Can you cite a source? There are different levels of vertical integration. Some parts don’t make sense to make yourself.
@MegaWilderness
5 ай бұрын
@@michaelsmithers4900 Elon says they have
@spacegamer85
5 ай бұрын
Assuming that the 10,000 suppliers number is correct, Tesla is still vertically integrated because they work closely with suppliers to insure the parts meet or exceed minimum standards and have sent Tesla engineers to go work for their suppliers and far back as raw material extraction. Tesla leaves nothing to chance and forecast demand years in advance. They also are constantly innovating so suppliers have to be nimble. If a problem develops they send a team to find out why and fix it. If Tesla can not find a supplier to make a component, they do it themselves (at least prototype stage) in house.
Don't mind us in Europe, we're just making sure that we stay irrelevant in the foreseeing future!
@michaelsmithers4900
5 ай бұрын
As an American I think Europe is very important to not only the EV revolution but also efforts to electrify. Europe leads the way on a lot of things.
UAW and IF METALL need more members, so the top union brass have more funds to creatively account for ( aka embezzle) ...
Unions will try to unionize the bots....
“VW” has more syllables than “Volkswagen”. Might as well say the latter
Thailand will happen. Thailand has been the hub for Japanese auto, and is now the backdoor for Chinese auto.
@spacegamer85
5 ай бұрын
I say Thailand has better odds than India but I am unaware of details of how contracts work in Thailand.
Tesla mechanics don´t want the union involved. When IF Metall called for a strike only 6 out of 130 mechanic employees walked out. The union bribed more workers with strike pay of 130% of base pay, that got about another 23 on strike but most have gone back to work. Now only 13 mechanics not working. Tesla service centers working fine. Pickets outside have mainly stopped trying to picket. Tesla has been operating in Sweden for 10 years with no CBA and having a CBA is not required by law. A sympathy vote by postal workers has blocked Tesla getting the Swedish number plates to register new cars. Tesla has gone to court on that. If Tesla lose the court case Tesla will stop selling their cars in Sweden. Swedes can buy a new Tesla in Germany and ask Tesla to put it on 30 day transit plates with insurance so they can drive it to Sweden. Tesla will not charge German VAT but the Swede will pay Swedish VAT to register the car in Sweden. As it´s a private import the postal strike does not apply. Ironically most of IF Metall members work at Volvo. Volvo has just released the EX30, made in China, for €36,000 base price. In 2 years Tesla will be releasing a similar size car for €26,000. Currently Volvo does have plans to make EVs in Europe but I suspect, like VW, production will stay in China and by 2030 all ICE production of Volvo cars will shut down.
Hey, my wife is dangerous and repetitive. Does that mean I will be replaced by a humanoid robot?
THE unspoken issue in all of this is how are folks going to make a living as robots replace them? This is a massive societal issue and will result in riots and growing fascism around the world if we do not deal with it. I see nothing happening in this regard. Everyone says oh the robots are coming to take your job and that's it. You two are equally guilty in this regard. You happily go on and on and NEVER mention the elephant in the room.
@TurdFergusen
5 ай бұрын
this is an investing channel… best to invest in the robots before they take your jobs…
@TurdFergusen
5 ай бұрын
and unionizing removes most of the employee share programs which means the employees will own LESS of the robots once they take the world
@ahkmad_muslikh
5 ай бұрын
@@TurdFergusenyeah, that's right But in the big picture we don't know yet what will really happened
@spacegamer85
5 ай бұрын
You are not asking an even more fundamental question - why are companies going to the expense of building and training robots? Comes down to costs. Same reason sited for moving manufacturing overseas - cheaper labor especially if unskilled labor. Any time you increase costs but don't improve efficiency, management will seek alternatives.
@davidbeppler3032
5 ай бұрын
Mr. Vastman is great at pointing out a problem... I don't see the solution he offered though? Where is the solution? Is your solution to just talk about it? What does that solve?
whichever countries embrace automation and robots will be the next superpowers, union protectionists will be left behind… govts better figure it out quick
Is it mean to answer, 'I do hope so!' I won't be sorry to see them go but honestly I think the management are shooting themselves in the foot.
Jesse talks to much