
The Leadership Gap: Why Companies Struggle to Retain Top Executives
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
June 4, 2021: -Tesla recalls 5,974 of its electric vehicles over concerns that their break caliber bolts might loosen, which could potentially cause a loss of tire pressure and increase the risk of a crash, according to documents made public by the National Highway Traffic Safety Administration.
Cars that are part of the voluntary recall include certain 2019-2021 Model 3 vehicles and 2020-2021 Model Y vehicles. Tesla said it is not aware of any crash or injury resulting from the potential defect. However, it will inspect and tighten or replace the caliper bolts as necessary for free.
The company’s stock was down less than 1% early Wednesday.
Tesla said it was made aware of an issue in December of a field incident involving a 2021 Model Y with a missing fastener on the driver-side rear brake caliber. It has since taken measures to prevent the issue during assembly.
The recall follows one in February that involved 36,126 Model S and Model X vehicles in China and 134,951 cars in the U.S., requested by The National Highway Traffic Safety Administration, over touch-screen failures.
In 2020, it recalled nearly 50,000 cars in China over faulty suspension and 9,500 Model X and Model Y cars in the U.S. over roof and bolt issues. In 2018, Tesla voluntarily recalled 123,000 Model S vehicles because of a problem with the power steering component.
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
March 06, 2025: NATO is increasing military aid to Ukraine as Russian forces escalate their offensive, targeting key infrastructure and frontline positions.
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
February 12, 2025: Donald Trump has announced a 25% tariff on all steel and aluminum imports, reigniting trade tensions between the US and its key partners
February 11, 2025: The European Union is preparing retaliatory tariffs against the United States in response to newly imposed 25% U.S.
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