ELON MUSK CEO OF TESLA INTERVIEW AT THE 2015 NAIAS

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Elon Musk, CEO of Tesla, discusses the company's focus on expanding service centers and innovating service delivery, aiming for an 'invisible love' experience for customers. He addresses the controversial topic of government subsidies, clarifying that Tesla and SpaceX received no government funding in their early years and that subsequent loans were repaid. Musk highlights that while the $7,500 tax credit acts as a catalyst, Tesla's sales are not solely dependent on it, as evidenced by international sales in countries without incentives. He also defends the company's talent retention, refuting a recent Wall Street Journal article by citing industry-average or below-average turnover rates for key positions. Musk touches on the stock price volatility, emphasizing a focus on long-term investors, and explains the lack of advertising is due to production constraints, with a goal to double production rates. He expresses optimism about the future of electric vehicles, urging the traditional auto industry to invest heavily in EVs, and stresses the importance of sustainable transport for the planet's future.