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The tycoon is an avowed opponent of the United Auto Workers union and may fear labor leader Shawn Fain will take the fight to Tesla next.

(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk blasted the United Auto Workers Tuesday, saying the union’s demands would “drive GM, Ford and Chrysler bankrupt in the fast lane.” Most Read from BloombergRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownDimon Warns 7% Fed Rate Still Possible, Times of India SaysIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears Take Charge, Dollar Rallies: Markets WrapFCC Aim

NEW YORK, Sept 7 — Wall Street’s three major averages closed lower yesterday with the Nasdaq’s 1 per cent loss leading declines after stronger-than-expected services sector...

The Institute for Supply Management (ISM) said on Wednesday its non-manufacturing Purchasing Managers' Index rose to 54.5 last month against expectations of 52.5, while a gauge of prices paid by service-sector businesses for inputs increased.

Wall Street's three major averages closed lower on Wednesday with the Nasdaq leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean...