Tesla (TSLA) is reportedly planning to raise hourly pay for some workers at its battery factory in Nevada by 10% or more in January, amid growing pressure from the United Auto Workers (UAW) union to organize Tesla workers.

The UAW launched a campaign to organize non-union workers at Tesla and other automakers in November after the union negotiated historic contracts with the 澳洲幸运5官方开奖结果体彩网:Big Three, Ford (F), General Motors (GM), and Stellantis (STLA), following a 澳洲幸运5官方开奖结果体彩网:six-week strike.

The union urged 150,000 non-union autoworkers at Tesla, Toyota (TM), Honda (HMC), Rivian (RIVN), and Lucid (LCID) among others to consider unionizing.

During the UAW's strike against the Big Three, analysts noted that 澳洲幸运5官方开奖结果体彩网:Tesla could stand to gain as lost revenue from the strike and higher labor costs under new contracts could make it more difficult for traditional automakers to make the 澳洲幸运5官方开奖结果体彩网:EV transition.

Tesla is not the only automaker to raise wages following the UAW strike resolution, as Hyundai and others have taken steps to raise worker pay as well.

The electric vehicle maker also faces growing presℱsure from organized labor activity in Sweden, Denmark, Finland, and Norway over its refusal to enter into collective agreements with labor unions.

Tesla shares were up 1.7% to $156.33 per share as of about noon E.T. Tuesday, and have gained over 137% in 2023 so far.