Except, what also allowed Tesla to grow was lack of unions and Chinese manufacturing.
Even in the US, Tesla workers make an average of $45/hr while Detroit automakers have to pay $67/hr due to the UAW.
I agree, incumbents are typically lazy and stifle innovation, however that’s not the full picture.
OP is correct. Unions are also interested in profit maximizing for their members. So a foreign competitor or upstart without union concerns is at an advantage. Even if you like unions and think they are generally good, this is an undeniable fact given the global market for consumer products.
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Except, what also allowed Tesla to grow was lack of unions and Chinese manufacturing.
Even in the US, Tesla workers make an average of $45/hr while Detroit automakers have to pay $67/hr due to the UAW.
I agree, incumbents are typically lazy and stifle innovation, however that’s not the full picture.
OP is correct. Unions are also interested in profit maximizing for their members. So a foreign competitor or upstart without union concerns is at an advantage. Even if you like unions and think they are generally good, this is an undeniable fact given the global market for consumer products.