“However, in 2024, I do believe it’s well past time to Elon to step aside. The lack of focus on the core business is hurting the company’s long-term prospects, especially in China, where there is a huge amount of competition, and those companies are redesigning products every two years,” Abuelsamid said.
“A change of leadership wouldn’t be a guarantee to fix anything, especially if Elon can’t keep himself from interfering, but bringing in fresh leadership could help,” Abuelsamid continued. “Ideally, a new leader could start to change the corporate culture, especially in the factories, put more emphasis on safety both in manufacturing and the products, and improve quality. Tesla has many…