Norway’s wealth fund says Tesla should respect labor rights, Reuters says

Norway’s $1.5T sovereign wealth fund, the world’s biggest stock market investor, told Reuters that Tesla should respect fundamental labor rights, Terje Solsvik of Reuters reports. Tesla is currently facing backlash in the Nordic region from unions over its refusal to accept the demands of Swedish mechanics for bargaining rights over wages and other conditions. Norges Bank Investment Management is Tesla’s 7th largest shareholder and said in a statement to Reuters, “We expect companies in which we invest to respect fundamental human rights, including labour rights.”