Elon Musk once again predicts that Tesla’s competitors will go bankrupt, pointing to Ford, General Motors and Stellantis

Elon Musk is one of the most prominent players in the automotive sector, heading Tesla and fighting for the electric car market. Among the many opinions he shared on this and other topics, he once again predicted the bankruptcy of his rivals Ford, Stellantis and General Motors.

Workers at Ford, General Motors and Stellantis have been striking for several weeks to demand a 40% wage increase, shorter work weeks of 32 hours instead of the current 40, guarantees in the form of four-hour contracts, and modifications.  to the cost of living.
On the usual social network, Twitter/XElon Musk addressed this issue by responding to a user who predicted companies would go bankrupt:

They want a 40% pay raise *and* a 32 hour work week.  A sure way to drive GM, Ford and Chrysler into bankruptcy in the fast lane.
- Elon Musk (@elonmusk) September 26, 2023

This, as we have seen, is not the first time that a businessman has predicted the bankruptcy of his competitors.

In fact, this hit could greatly benefit Tesla.  If they give in to their workers' demands, the Detroit trio will suffer increased production costs and see their path to electrification become more expensive and contingent.

Big automakers are in a tough spot when it comes to transitioning to electric vehicles, and current discussions with unions will eventually lead to a sharp increase in costs that will push them further down.

Munster reports on the demands of the United Auto Workers (UAW) union.
When employees at Tesla's Buffalo Gigafactory in New York tried to unionize, Elon Musk handled it in a strange way: 25 employees announced plans to unionize with the help of the UAW earlier this year.  Faced with this “insult,” the CEO fired 30 employees, only one of whom was part of a group of 25 employees.
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