On September 27, Tesla CEO Musk posted on social platform X (formerly Twitter) that if the National Auto Workers Federation (UAW) 's request for a "40% raise and a 32-hour work week" is met, it will undoubtedly push General Motors, Ford Motor and Chrysler (parent company Stellantis) into the fast lane of bankruptcy.。The UAW is currently in a rare strike against three Detroit auto giants - Ford, GM and Stellantis NV - at the same time, a strike that has been going on for nearly two weeks.。Although the union has reduced its demand for a pay rise from 40 per cent to 36 per cent, the differences between employers and employees are still difficult to bridge.。The union also demanded a 32-hour work week, higher benefits, etc.。

At present, the United States auto workers strike intensified, about 12,700 workers held a joint strike。Since the auto industry is the largest manufacturing sector in the United States, the strike was costly, and according to experts, the cumulative cost of the first ten days of strikes alone could exceed $5 billion.。For this negative event for the car company, U.S. capital has smelled the smell of money and has entered the market ready to short。As a result, the shares of the three car companies whose workers are united in the strike: Ford, GM and Stellantis, are undoubtedly the first to be targeted by the bears.。Among them, Ford became the most shorted stock among the three largest U.S. automakers, with a net short position of 18.$8.7 billion, third on the total short list。In second place was Rivian Automotive, with a net short of 20..$9.7 billion, just above Ford。At the top of the shorting list is Tesla, the number one star stock in the U.S. auto industry, with 217.$9.8 billion net short entry, want to short Tesla's stock, more than ten times the number two。Why are the three major automakers on strike, but the automakers are running to short Tesla?？There are two reasons, first, Tesla's stock is expensive enough。In general, if the more expensive the target is shorted, the more likely it is that the share price is overvalued, and when a short-seller makes a capital attack, it is likely to attract more investors to follow suit, causing the share price to fall.。Second, Tesla's stock is liquid.。Short and long are different, short sellers need to intervene in the market by borrowing the target at the entry stage, and if the target that needs to be borrowed is liquid, the interest rate on borrowing is also lower.。As one of the more active trading varieties, Tesla clearly meets this requirement.。

Recently, nearly 1 of Ford, GM, and Stellantis.30,000 UAW workers join forces for sensational strike action。They made four major demands on their respective employers: a 36 per cent pay rise, improved job security, an increase in retirees' wages and a 32-hour work week, or a four-day work week.。So far, Stellantis, eager to quell the strike, has proposed a compromise that would give workers a 21 percent raise, but the UAW is not paying for the package。According to the U.S. Bureau of Labor Statistics, there have been 23 mass strikes in the U.S. since 2022, compared to an average of 16 mass strikes per year over the past decade.。There have been frequent strikes in the United States recently for two main reasons.。First, the U.S. labor market continues to be in short supply.。After the epidemic, the U.S. economy recovered rapidly and needed to recruit a large labor force in the short term, and the U.S. labor market remained in short supply in the short term, a situation that gave workers more say。When workers dominate, they put more conditions on employers to ensure that wages actually increase。Second, the continued high inflation in the United States has weakened the purchasing power of money in the hands of American workers, making them unable to feel the dividends of wage growth.。According to the statistics, while household incomes in the United States have generally picked up in 2023, since most of the union wage agreements were reached before inflation rose sharply, the real level of consumption of U.S. workers is still being shattered by the inflation shock。According to the United Auto Workers, since 2019, auto workers' wages have increased by only 6% a year, and their quality of life has been greatly reduced.。

This tentative agreement with Unifor could be a relief to Ford, which would at least allow it to avoid "two-front warfare" and focus on union negotiations at home.。