Connect with us

News

GM workers at Flint factory voted against new UAW contract

Credit: GM

Published

on

As the United Auto Workers (UAW) union continues attempts to ratify new contract agreements with Big Three automakers General Motors (GM), Ford and Stellantis, one GM plant in Michigan has narrowly voted against the recently proposed deal following a historic six-week strike.

GM secured a tentative deal with the UAW late last month after Ford and Stellantis had come to tentative agreements within the prior week. The strike-ending agreements followed the initial walkouts against all three automakers on September 14 after previous union contracts expired and multiple waves of strike escalations in the weeks in between.

Since coming to the tentative agreements, the UAW is going to local chapters to explain the deals and have them ratified by workers through a vote. On Thursday, UAW Local 598 workers at GM’s Flint, Michigan assembly plant said they narrowly voted against adopting the contract, with 51.8 percent of votes cast going against the proposal, according to Reuters.

GM’s Flint assembly plant has 4,746 employees, and the factory produces the Chevy Silverado truck. GM did not comment on the process of ratification.

While GM is scheduled to continue holding votes on the contracts with additional local chapters, the news highlights the fact that the contracts are not yet a done deal — even following the costly strikes and lengthy negotiation period.

Workers at major GM plants including its Arlington, Texas assembly plant and its Fort Wayne, Indiana truck factory will vote in the weeks ahead. According to one UAW vote tracker, roughly 58 percent of GM workers across facilities who have cast votes so far have voted in favor of ratifying the contract.

Advertisement
-

UAW’s efforts to unionize Tesla ‘absolutely’ supported by President Joe Biden

The proposed UAW agreement would cover around 46,000 GM workers, including 25 percent in base wage increases through the contract’s April 2028 deadline, along with the automaker gradually increasing the top wage by as much as 33 percent. In addition, the proposal includes cost-of-living adjustments (COLA) that boost total worker pay to more than $42 per hour.

Despite the rejection of the contract at the Flint facility, some say GM is unlikely to offer much more than what it has already offered. University of Michigan professor Erik Gordon thinks chances are low for GM to go much higher.

“The chances of GM putting more than another 15 cents on the table are low,” Gordon said.

GM’s tentative contract includes almost $2 billion in investments going toward electric vehicle (EV) development at plants in Michigan, Kansas and New York. Late last month, GM also announced the delay of a key EV plant in Tennessee, and the company has separately announced plans to slow some other EV investments.

A major sticking point during early rounds of negotiations with the Big Three included adding coverage to future EV battery and auto plants, though the automakers eventually gave in.

Advertisement
-

The news also follows a nightmarish month for GM, even beyond the strikes.

GM’s self-driving subsidiary Cruise had a driverless vehicle drag and pin a woman in San Francisco in early October, for which the company’s driverless permit from the California Department of Motor Vehicles (DMV) was immediately revoked. It has since been reported that GM will halt production of Cruise’s self-driving Origin van, and the company is currently reviewing its response process following the accident.

Watch below to see UAW President Shawn Fain’s Wednesday ratification update.

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.

Advertisement
-

Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently lives in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver, InsideEVs, CleanTechnica, and many other publications. When he isn't covering Tesla or other EV companies, you can find him writing and performing music, drinking a good cup of coffee, or hanging out with his cats, Banks and Freddie. Reach out at zach@teslarati.com, find him on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Advertisement
Comments

Elon Musk

Elon Musk will give ‘every kid in America’ a SpaceX share in 2027

Published

on

Credit: Grok Imagine

Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”

SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.

It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.

Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.

Just a little bit later, Musk said children across the U.S. would be getting a share from him:

Advertisement
-

There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.

Continue Reading

Elon Musk

Elon Musk reveals why Boring Co’s biggest East Coast project never happened

Published

on

(Credit: The Boring Company)

Elon Musk revealed in a post on X that “Permits were impossible to get,” explaining the fate of The Boring Company’s most ambitious East Coast proposal.

The comment responded to a query about what became of his July 20, 2017 announcement that he had “just received verbal govt approval” for an underground Hyperloop connecting New York City, Philadelphia, Baltimore, and Washington, D.C., capable of carrying passengers from the Big Apple to the Nation’s Capital in just 29 minutes.

The Boring Company receives verbal ‘approval’ to build NY to DC Hyperloop tunnel

The 2017 post, which envisioned city-center stations and multiple elevators in each city, sparked immediate scrutiny. Local and state officials in New York, Philadelphia, Baltimore, and D.C. said they had no knowledge of any approval. A White House spokesperson confirmed only “promising conversations” about the transformative infrastructure.

Musk clarified shortly after that there was “still a lot of work” to do for formal approvals.

Limited progress followed, as Maryland Governor Larry Hogan’s administration issued a conditional utility permit and supported work near Fort Meade. In 2018, Washington, D.C., granted a preliminary permit for site preparation and excavation on a vacant lot at 53 New York Ave. NE in the NoMa neighborhood, which The Boring Company said could become a station.

A draft environmental assessment for a D.C.-Baltimore segment was released in 2019. Yet, by April 2021, the company had removed the project from its website, and the Federal Highway Administration reported receiving no indication of further interest. Communication with Maryland officials had ceased.

The full corridor would have required coordination among the District of Columbia, Maryland, Pennsylvania, New York, the Federal Highway Administration, the Army Corps of Engineers, the National Park Service, and other agencies.

Environmental reviews under the National Environmental Policy Act, utility clearances, and approvals for novel infrastructure added to the overall complexity of the project and its approval.

Speculation on the permitting barriers centers around a few factors, but a multi-state, multi-level route involving unproven high-speed vacuum-tube technology inherently triggers exhaustive safety, environmental, and engineering reviews that can stretch for years, even for conventional projects.

Advertisement
-

There are also other elements, of course, like officials who may face political exposure if a privately funded, untested system encountered anything such as cost overruns, delays, or safety issues. On the outset of this project, there were limited things such as engineering plans or demonstrated technology maturity, which also added to the potential skepticism.

The East Coast vision for Boring Co., once framed as a privately funded revolution that could reshape Northeast travel, quietly ended without construction of the promised network. Musk’s recent statement frames the outcome as a regulatory impasse, unfortunate but not unexpected.

Continue Reading

Elon Musk

Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning

Published

on

Elon Musk addresses the crowd next to the new Tesla Roadster, which Tesla offers in Performance, Thrust and Rocket versions. (Image: Tesla/X)
Elon Musk addresses the crowd next to the new Tesla Roadster, which Tesla offers in Performance, Thrust and Rocket versions. (Image: Tesla/X)

Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.

Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.

But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.

Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds

Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:

“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”

Advertisement
-

Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.

Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”

Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.

Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.

What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.

Continue Reading