Tesla’s (TSLA) Elon Musk is currently the auto industry’s most tenured CEO



Tesla (NASDAQ:TSLA) may easily be regarded as a young, upstart electric automobile manufacturer, but the provider is really being led by the auto industry’s most tenured CEO now. In what could only be described as a twist of destiny and a stroke of irony, Elon Musk has become the longest-serving CEO in today’s automobile section, having shot Tesla’s main executive seat back in 2008. 

Musk emerged since the automobile business ’s longest-serving CEO in May, when then-Daimler CEO Dieter Zetsche, who had been serving since the German automaker’s chief executive since 2006, declared his retirement following 13 years on the job. And Zetsche wasn’t the only one.  Even the Renault-Nissan-Mitsubishi alliance also found notable turnovers in the group’s CEO positions this season.

Back in January, Renault drawn headlines following veteran CEO Carlos Ghosn’s resignation on his alleged relationship with a scandal. Last month, Mitsubishi, that keeps a remarkable presence in markets like Southeast Asia, also announced the departure of its CEO, Osamu Masuko, who has been leading the company for the previous five decades.  Even South Korean automaker Hyundai, that generates the practical and well-received Kona EV, saw some turnover in its own executive positions earlier this season, together with Chung Eui-sun being dubbed as co-CEO by Lee Won-hee, who also took on the chief executive post this season. 

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Following is a list of auto company CEOs as well as their tenure as chief executive of their various companies (H/T to Benzinga). 

Tesla: Elon Musk in 2008 
Toyota: Akio Toyoda, 2009 
General Motors (GM): Mary Barra, 2014 
Peugeot: Carlos Tavares, 2014 
Honda: Takahiro Hachigo, 2015 
BMW: Harald Krüger, 2015 (though he’s recently confirmed He will be stepping down since BMW’s CEO) 
Ford: Jim Hackett, 2017
Nissan: Hiroto Saikawa, 2017
Mazda: Akira Marumoto, 2018
Volkswagen: Herbert Diess, 2018
Fiat Chrysler: Michael Manley, 2018
Suzuki: Toshihiro Suzuki, 2018
Daimler: Ola Kaellenius, 2019
Renault: Thierry Bolloré, 2019
Mitsubishi: Takao Kato, 2019

Tesla gets a poor reputation sometimes for allegedly being an automobile company that cannot retain talent. However, together with Elon Musk, a number of the electric automobile manufacturer ’s vital executives have been with Tesla for quite long periods of time. One of these are CTO JB Straubel along with Chief Designer Franz von Holzhausen, as well as President of Automotive Jerome Guillen, who combined Tesla back in 2010, before the first Model S piled off online. Other executives which recently climbed through the ranks, such as CFO Zach Kirkhorn, have also been with the company since the days of the first Tesla Roadster. 

It’s evident from Tesla’s growing pains that Elon Musk is learning the ropes like the firm ’s chief executive. This really became evident through Tesla’s Model 3 production project, a “wager the firm ” strategy that Musk explains among the toughest points in his career. These experiences finally give Musk a particular advantage on his fellow CEOs from the automobile market, since it enables him to have a clear vision of Tesla’s strengths and flaws. This, in turn, empowers him to roll out strategies that benefit the organization in the long-term. A superb illustration of this is Gigafactory 1 in Nevada, a significant investment that was deemed a folly with critics, but is turning out to be an act of remarkable foresight now. 

Musk is famous for being a disruptive visionary, and that really is. Regardless, it ought to be noticed that the Tesla and SpaceX CEO also deserves some credit for becoming a pioneer that sticks a company through each up and down. Part of this is probably due to the fact he sincerely fights for Tesla and its particular mission of accelerating the dawn of sustainable energy. Ultimately, that could very well be a significant difference-maker for Tesla’therefore chances of survival and possible success. 

The post Tesla’s (TSLA) Elon Musk is now the automobile industry’s tenured CEO appeared initially on TESLARATI.

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