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Fortune
Fortune
Paige Hagy

Musk and Tesla are the 'clear winners' of the Detroit auto strike. Analysts say Elon 'put champagne on ice' as he sees the ultimate EV victory

Elon Musk smiling with his hands up in the air like he's celebrating. (Credit: Chesnot/Getty Images)

President Joe Biden is caught between a rock and a hard place as autoworkers strike against Detroit’s Big Three U.S. carmakers: Ford, General Motors, and Stellantis (formerly Fiat Chrysler). 

Biden, who has touted himself as the most pro-union and greenest president ever, is struggling to balance his commitments to organized labor and to the production of eco-friendly electric vehicles (EVs) in the key election battleground state of Michigan. Meanwhile, Tesla CEO Elon Musk—who is poised to profit from Detroit’s struggles and seize even more market share—is probably sitting back and laughing because he and the president are far from friends. 

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