Tesla is bleeding executives and it could create problems for the company, experts say (TSLA) - Creak News

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Tesla is bleeding executives and it could create problems for the company, experts say (TSLA)

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Elon MuskEvan Vucci/AP Images

  • Tesla is known for its high rate of turnover among executive and senior-level employees.
  • As Tesla expands its product line and presence in foreign markets, it will become a more complicated business to run and require a more stable management team, Maryann Keller, the principal at the automotive consulting firm Maryann Keller & Associates, told Business Insider.
  • The level of turnover Tesla has experienced in its senior ranks is unusual in the auto industry and could make recruiting more difficult, Keller said.
  • Tesla did not immediately respond to a request for comment.

The Wall Street Journal reported on Wednesday that Dane Butswinkas, Tesla's general counsel, would leave the automaker just two months after joining it, the latest in a long string of executive departures.

Tesla is known for its high rate of turnover among executive and senior-level employees. The past year has seen senior employees in Tesla's manufacturing, engineering, finance, sales, and communications departments leave the automaker.

See the rest of the story at Business Insider

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