Tesla: Labor Troubles Are A Red Flag (No Pun Intended)

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Дмитрий Ларичев Here’s a statistic to chew on: up to October, 447,000 workers have gone on strike in the U.S. this year. This means that 2023 could well be the year when the previous high of 485,000, seen in 2018, could be surpassed. This, in turn, would make 2023 the biggest year of strikes in close to four decades. Source: Bureau of Labor Statistics What might this have to do with the electric vehicle ("EV") poster company Tesla, Inc. (NASDAQ:TSLA), you might well ask. After all, it has seen an exceptionally healthy 124% price return year-to-date [YTD]. It has also...