Elon Musk's 'Algorithm' Transformed Tesla But Extracted a Human Toll
-
In 2017, Tesla was struggling to meet Model 3 production targets and avoid financial ruin. This period was extremely difficult for Musk personally and professionally.
-
To increase production, Musk created "the algorithm" - a 5-step process to question, simplify, accelerate and automate manufacturing.
-
The algorithm and round-the-clock work enabled Tesla to meet targets. But it came at a human cost, with high injury rates.
-
Tesla's stock price soared over 1000% after hitting targets. Musk became the world's richest person thanks to his Tesla shares.
-
Musk has since applied the intense algorithm approach to Twitter after acquiring it, with mixed early results.