Tesla Brain Drain

Fred Lambert, writing for Electrek: Tesla painted a very different picture just two years ago. At its 2024 shareholder meeting, it showed this slide of its lineup: the Model 3, Model Y, Model S, Model X, Cybertruck, and Semi, plus three vehicles under covers that Musk said were “going to be pretty special.” Of the five consumer vehicles on that slide, three are now dead or on their way out. [...] At Tesla’s Investor Day at Giga Texas on March 1, 2023, Musk mostly stayed out of the spotlight. Instead, Tesla paraded more than a dozen executives on stage to present its plans, a rare move for a company long criticized for being a one-man show. “We’ve obviously got significant bench strength here,” Musk said at the time. Of the 14 executives named as presenters that day, seven are gone. It’s kind of weird for a carmaker that’s currently the 11th-largest market cap company in the world to only have two vehicles in production.  ★