One More Worry for Tesla’s Elon Musk: Worker Angst

A new study ranks Tesla employees at the top of the list of worried tech workers.
By: | February 15, 2019 • 2 min read
London, England. 02 March 2018 - A Tesla Model S electric car stopped in a street of London, England, at night.

Tesla has its share of challenges, not the least of which is meeting its Model 3 production goals for the year. But as it advances on its path to profitability, the Palo Alto, Calif., automotive and energy firm apparently has another worry on its hand: workforce anxiety.

A survey released this week by workplace app Blind found Tesla, which is considered by many a tech concern, had the highest percentage of employees who are worried about layoffs and their future, compared to other tech companies that are part of the Blind community. The survey, which ran on the site in early February, received 8,230 user responses.

Overall, around 36 percent of the respondents said they were concerned about layoffs at their company. But in the case of Tesla, double that number (72 percent) said they were worried.

Advertisement




Tesla was followed on the ranking (see the full list below) by eBay and Snapchat, with around 72 percent and 71 percent, respectively.

On the other end of the spectrum, Google had the lowest percentage of employees who were worried about layoffs, with only 11 percent saying that was the case. Facebook (12 percent) and LinkedIn (15 percent) were the next two lowest.

Kevin Sheridan, an expert in the area of employee engagement, points to three reasons why Tesla employees may be nervous:

First, he says, Tesla’s model is being consistently questioned. “They lowered the pricing on some of the vehicles and that puts pressure on margins.”

Second, he notes, they’re continually going after more funding, which often isn’t a good sign.

And finally, he says, their founder and leader, Elon Musk, is “all over the map, dabbling in all those other ventures; so, people are questioning how focused he is on Tesla.”

Advertisement