ANALYSIS: Are Elon Musk, Tesla the Winners of the UAW Strike?

Continuing industrial action may torpedo greater electric automobile production by the Big Three automaker giants.

Elon Musk, CEO of SpaceX and Tesla, at a conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes/Reuters

Treasury Secretary Janet Yellen said she hopes the United Auto Workers (UAW) union and the Big Three automakers can establish an agreement that’s a win-win.

But as the strike enters its fifth day, and with the possibility of a prolonged labor dispute, there might be one winner: Tesla Motors billionaire CEO Elon Musk.