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Again? Tesla sued for alleged racial discrimination and harassment

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Tesla has been sued by a state civil rights agency for operating a ‘racially segregated workplace’

Tesla is being sued for alleged racial discrimination and harassment by a California regulator

A state civil rights agency says the electric carmaker runs a racially segregated workplace

The California Department of Fair Employment and Housing says it had received “hundreds of complaints” from workers at the Fremont factory.

But Tesla firmly denies the allegations, calling the lawsuit “misguided”

This comes days after President Biden acknowledged Tesla as the nations largest electric vehicle manufacturer

The company, which is led by chief executive Elon Musk, says it “strongly opposes all forms of discrimination and harassment” and will ask the court to pause the case.

Meanwhile, the director of agency says evidence has been found

Kevin Kish says black workers at the California factory are subjected to racial slurs and discriminated against in job assignments, discipline, pay and promotion

Shockingly, areas in the factory where many Black and African American employees were located were referred to as the “porch monkey station,”

Racist graffiti was also left in break rooms, restrooms, and work stations including racial slurs too explicit to reveal on air

Tesla has previously been sued for racial harassment and discrimination at its Fremont factory. In October last year, a judge awarded a Black former employee $137 million in damages

Tesla says over the past five years the agency has been asked by individuals to investigate the company on nearly 50 occasions

This comes as Tesla recalls over half a million vehicles in the U.S. because a “Boombox” function can obscure audible warnings for pedestrians.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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