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Photo: Justin Sullivan/Getty Images

The majority of Tesla's leadership is white and male, according to the company's first ever diversity report, released late Friday.

Why it matters: Recent research suggests that diverse leadership leads to increased and better innovation and improved financial performance, per the Harvard Business Review and the Boston Consulting Group.

By the numbers:

  • Tesla's U.S. workforce is:
    • 34% white
    • 22% Hispanic
    • 21% Asian
    • 10% Black
    • 7% other
  • Tesla’s leadership in its U.S. workforce is:
    • 59% white
    • 25% Asian
    • 4% Black
    • 4% Hispanic
    • 1% other
  • By gender, Tesla’s U.S. workforce is:
    • 79% male
    • 21% female
  • By gender, Tesla’s leadership in its U.S. workforce is:
    • 83% male
    • 17% female
  • Of note: The report did not include how many people in Tesla's workforce have a disability, nor did it break down how much of its workforce is nonbinary or gender nonconforming.

What they're saying: "Where we are today represents the progress that we have made and the steps we have taken up to this point," the company said in its Diversity, Equity and Inclusion Impact Report.

  • "We know we have more work to do to be representative of the evolving U.S. population and we are committed to implementing the plans we’ve designed to get us there," Tesla added.
  • "Where we are today represents the progress that we have made and the steps we have taken up to this point. We know we have more work to do to be representative of the evolving U.S. population and we are committed to implementing the plans we’ve designed to get us there."
  • The company also said that to ensure hiring efforts result in a diverse workforce, it was committed to recruiting from Historically Black Colleges and Universities and expanding its internship program to "become our driving force in attracting diverse talent at our professional entry level."

Go deeper: The stark new reality for American CEOs

Go deeper

Jan 15, 2021 - Energy & Environment

GM finds love on Wall Street for a change

GM EV600 electric delivery truck. Photo: GM

General Motors is finding love on Wall Street, something it hasn't experienced in a very, very long time.

What's happening: Investors are beginning to give credence to the Detroit automaker's electric vehicle strategy — or they're looking for a cheaper way to participate in the Tesla-inspired run-up in electric vehicle stocks.

Ina Fried, author of Login
1 hour ago - Technology

Scoop: Google is investigating the actions of another top AI ethicist

Google CEO Sundar Pichai. Photo by Mateusz Wlodarczyk/NurPhoto via Getty Images

Google is investigating recent actions by Margaret Mitchell, who helps lead the company's ethical AI team, Axios has confirmed.

Why it matters: The probe follows the forced exit of Timnit Gebru, a prominent researcher also on the AI ethics team at Google whose ouster ignited a firestorm among Google employees.

2 hours ago - Politics & Policy

Scoop: Joe Biden's COVID-19 bubble

Photo illustration: Aïda Amer/Axios. Photo: Joe Raedle/Getty Images

The incoming administration is planning extraordinary steps to protect its most prized commodity, Joe Biden, including requiring daily employee COVID tests and N95 masks at all times, according to new guidance sent to some incoming employees Tuesday.

Why it matters: The president-elect is 78 years old and therefore a high risk for the virus and its worst effects, despite having received the vaccine. While President Trump's team was nonchalant about COVID protocols — leading to several super-spreader episodes — the new rules will apply to all White House aides in "high proximity to principals."

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