Why 2018 Was Tesla's Year of Turnover

The transcript discusses the chaotic environment within Tesla over the past two years, highlighting Elon Musk's intense leadership style and its impact on employees. Despite these challenges, Tesla achieved significant milestones, including record profits and Model 3 production. However, concerns about executive turnover and maintaining trust in the marketplace pose future challenges for the company.

What was one of the main reasons for the high turnover at Tesla?

• Low salaries

• Poor work-life balance

• Chaotic work environment

• Lack of career growth opportunities

How did Elon Musk's management style affect Tesla employees?

• It encouraged creativity and innovation

• It led to a relaxed work environment

• It improved employee morale

• It caused fear of sudden termination

Despite internal challenges, what significant achievement did Tesla accomplish?

• Launched a new car model

• Increased employee satisfaction

• Achieved record profits

• Expanded into new markets

What was Elon Musk's stance on the SEC settlement?

• He fully respected the SEC

• He ignored the settlement terms

• He refused to comply with the settlement

• He complied but did not respect the SEC

What is a major concern for Tesla's future according to the transcript?

• Inability to attract executive talent

• Lack of technological innovation

• Declining consumer interest

• Decreasing market share

What is a key factor for maintaining trust in the automotive industry?

• Reliable product performance

• Innovative marketing strategies

• Frequent product launches

• High employee turnover

What challenge does Tesla face from other car companies?

• Decreasing demand for electric vehicles

• Competition from companies with manufacturing expertise

• Inability to manufacture at scale

• Lack of brand recognition