Swedish insurer sells ₹1,365-crore Tesla stake over union issues
Sweden's largest insurer Folksam on Wednesday said it has sold its stake worth $160 million (₹1,365 crore) in Tesla over concerns about the company's stance on workers' rights. The electric carmaker has been involved in a labour dispute with Swedish unions since 2023. Tesla CEO Elon Musk has rejected calls to allow the company's over 1,20,000 employees worldwide to unionise.