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But isn't that right though? Tesla build cars, not fintech products. What irreplaceable knowledge are they losing in this particular case?
by p2detar 8y ago
But isn't that right though? Tesla build cars, not fintech products. What irreplaceable knowledge are they losing in this particular case?
- DevX101 8y agoLeading finance for a capital intensive company like Tesla is not a 'dime a dozen' job.
- jonknee 8y agoTesla builds cars by relying on very complex financing. Financing is critical to Tesla existing for the long term.
- tomjakubowski 8y agoAny knowledge which wasn't transferred into a document of some kind will either be lost or have to be re-learned by experience. High turnover in any sector is terrible for business. This is true even for relatively "unskilled" labor: informal, often unwritten practices between workers are essential to any kind of collaborative work. See the "slightly different sense" here: https://en.wikipedia.org/wiki/Work-to-rule https://en.wikipedia.org/wiki/Work-to-rule
- tedunangst 8y agoTesla is asking suppliers to return money already paid to them. Turnover in the finance department probably impedes those negotiations.