We often still refer to Tesla as a new company. Some people argue that's not the case. However, if you look at the big picture, the Silicon Valley automaker is really very new. In fact, it's the first successful U.S. automaker — of course, it depends on how you define successful — since Ford. Last year, CEO Elon Musk reminded company shareholders:
"In the history of the American auto industry, it's always worth bearing in mind that only two have not gone bankrupt, and that's Ford and Tesla. It's insanely hard just staying alive, I just want to be clear, it's really difficult."
Perhaps even more interesting is the fact that Musk is the most tenured CEO in the automotive industry. We see regular news about employees and executives leaving Tesla on a regular basis. It's important to note that this is happening daily at many other companies, and more specifically, U.S. automakers.