Tesla executives are jumping ship more often than at other companies. It could be an ominous sign for the rest of its leadership team

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

If the rate holds, Bernstein warns, the entire executive team of more than 150 people could be gone in less than four years.

is higher than almost any other company, new research shows, and it could be reason enough for investors to worry.

"We performed a detailed benchmarking analysis of executive turnover at Tesla and at comparable companies that are young, fast growing, and largely Silicon Valley based, including Snap, Uber, Lyft, Airbnb, Netflix, Facebook and Amazon," the team, lead by Toni Sacconaghi, wrote in a note to clients. — 31 executives have departed Tesla in the past nine months. Of Elon Musk's 18 direct reports, six have left over the observation period, a rate double the next highest company, Lyft.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We here at the home offices of OnlyNewsStation see an opportunity to find and if necessary guide new talent. elonmusk

Last one out of the C-Suite, turn out the lights (and shut off the robots). $420 TakeUnder FinancingInPlace

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines