Rattner: Strike Will Determine Winners and Losers in EVs

The transcript discusses the challenges in UAW contract negotiations, highlighting the extreme demands and public nature of the talks. It explores the impact of transitioning to electric vehicles on jobs and wages, with a focus on the need for higher wages for auto workers. The political influence of President Biden is examined, along with the unintended consequences of the dispute, such as job shifts and effects on the EV market. The discussion also covers the disparity in CEO pay and the shift towards capital over labor. Finally, it addresses the implications for investors and the challenges of a manufacturing renaissance in the U.S.

Discuss the implications of CEO pay increases on labor negotiations.

What are the potential unintended consequences of the current labor dispute?

How does the current economic environment influence the negotiations between auto workers and companies?