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Market Chatter: Tesla's Appeal in License Plates Dispute Rejected by Swedish Court
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Market Chatter: Tesla's Appeal in License Plates Dispute Rejected by Swedish Court
May 16, 2024 5:26 AM

08:12 AM EDT, 05/16/2024 (MT Newswires) -- Tesla (TSLA)'s appeal in a dispute over license plates against Sweden's Transport Agency was rejected by a Swedish appeals court, Reuters reported Thursday, citing a statement by the Gota court.

Trade unions supporting Swedish IF Metall's mechanics, who have been on strike since last year, started a postal blockade that made it difficult for the company to access license plates for new vehicles.

As a result, Tesla sued the Transport Agency for failing to ensure that it could access the necessary license plates.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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