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Elon Musk Becomes Longest Serving CEO in Global Automotive Segment

Musk has repeatedly pushed workers to hit quarterly goals while managing all the extra production and delivery work piling up toward the end of a quarter

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Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

For many of us, Tesla is a new entrant in the global auto industry but Elon Musk has actually become the longest serving CEO in today’s automotive segment.

The feat was achieved when then-Daimler CEO Dieter Zetsche, serving as the German automaker’s CEO since 2006, retired in May this year, Teslarati reported on Wednesday.

Musk took over as the electric car maker’s CEO in 2008.

Renault-Nissan-Mitsubishi saw veteran CEO Carlos Ghosn quitting over his alleged connection with a high-profile financial scandal.

Last month, Mitsubishi also announced the departure of its CEO Osamu Masuko.

BMW CEO Harald Kruger has also announced his retirement.

Elon Musk, CEO of SpaceX and Tesla. Wikimedia Commons

Many automakers have new CEOs and only Akio Toyoda of Toyota who joined in 2009 is close behind Musk.

Under Musk, Tesla is breaking all records. The electric car-maker achieved a record production of 87,048 vehicles and record deliveries of approximately 95,200 vehicles in the second quarter of 2019.

In the quarter (April-June 2019), Tesla produced new 72,531 Model 3 sedans and delivered 77,550 of those.

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In addition, 14,517 new Model SX cars were made and 17,650 of those were delivered.

Customer vehicles in transit at the end of the quarter were over 7,400.

Musk has repeatedly pushed workers to hit quarterly goals while managing all the extra production and delivery work piling up toward the end of a quarter. (IANS)

Next Story

EV Maker Tesla Unveils Its First Model 3 Made-In-China

Tesla unveils made-in-China Model 3 with media test drives

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Tesla
Electric Vehicle (EV) maker Tesla has unveiled its first Model 3 made-in-China at Gigafactory 3 in Shanghai. Wikimedia Commons

Electric Vehicle (EV) maker Tesla has unveiled its first Model 3 made-in-China at Gigafactory 3 in Shanghai and started to give media test drives of the vehicle.

Tesla has been expected to focus on Model 3 production at its Shanghai automotive factory, where it mulls producing as many as 3,000 vehicles per week next year, Teslarati reported recently.

The Shanghai Gigafactory is Tesla’s first assembly plant outside of the US and the first wholly-owned foreign auto factory in China.

Tesla
Tesla has been expected to focus on Model 3 production at its Shanghai automotive factory. Pixabay

Last month, the automaker confirmed that it has produced full vehicles at Gigafactory Shanghai as part of its trial production.

“We are already producing full vehicles on a trial basis, from body, to paint and to general assembly, at Gigafactory Shanghai. We have cleared initial milestones toward our manufacturing license and are working toward finalizing the license and meeting other governmental requirements before we begin ramping production and delivery of vehicles from Shanghai,” the company said.

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Additionally, the company’s CEO Elon Musk has recently announced that he will unveil Tesla electric pickup truck dubbed as ‘Cybertruck’ on November 21 at an event in Los Angeles. (IANS)