What's Going On With Tesla Stock?

Tesla, Inc. TSLA shares are moving Monday. According to an AP News report, Tesla has filed a lawsuit against Sweden’s Transport Agency as postal workers in the country have halted the delivery of license plates.

What To Know:

According to the AP News report, the suit was filed on Monday by Tesla against “the Swedish state through the Swedish Transport Agency” because non-delivery of the plates “constitutes an unlawful discriminatory attack directed at Tesla.”

Unions across Sweden have banded together to pressure Tesla into signing a collective bargaining agreement with its 120 mechanics. More than 90% of Swedish workers are currently members of a labor union.

Meanwhile, Tesla is set to hold the delivery event of its much-awaited all-electric Cybertruck at 1 p.m. CT on Thursday at its Gigafactory in Texas.

According to data from Benzinga Pro, shares of TSLA have gained more than 13% over the past month and are trading below the stock's 50-day moving average of $237.20.

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TSLA Price Action: According to Benzinga Pro, Tesla shares are up down by 0.21% at $234.95 at the time of publication.

Image: Blomst from Pixabay