So let’s start with his Model 3 production line, promising 5,000 cars a week. He was going to use AI/robots to do this. Some quarters made this quota, but some didn’t. However, here is the problem. These robots didn’t really understand some of the parts, like nuts and bolts. This severely slowed down production. In fact, Tesla had to get human employees to take care of this part. I guess they don’t call it ‘production hell’ for nothing.
But Musk seems to be having issues all across the board. Because recently, Tesla announced many of their stores will be shutting down. Then you have SEC officials. They claim Musk is in contempt after they got wind of some of Musk’s tweets. These tweets, according to the SEC, violated a settlement. If that isn’t enough, some of his own people are losing confidence in his leadership skills. Since January 2018, 88 Tesla executives left him. Yahoo Financed polled 235 employees from Tesla. Of those, 104, almost half, say he is not fit to lead. So of those polled, that leaves 131, barely half, believing in his leadership skills. In 2019, Tesla stocks fell around 16%. Musk has until March 11 to face the SEC.
So, is Elon Musk losing confidence? I doubt it. Because a polling company called Blind polled another 284 employees from Tesla and Space X. A whopping 78% of them believe in Musk and his leadership abilities. Every company, no matter how successful it is, has to go through trials like this. Whether it be computer repair, cars, or even a local small grocer. I believe he will take these challenges and learn from it. Look at how he’s now sounding the alarm about AI technology, and what it can do. Let’s not forget how he helped save the lives of that soccer team in Thailand last year. So should these recent trials worry Musk or his people?
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