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The big picture: Tesla is bleeding top executive talent

Musk on stage at SXSW
Photo: Chris Saucedo/Getty Images for SXSW

Elon Musk is betting on Tesla to succeed, but a relentless exodus of senior executives could be a warning sign about the company's future.

Why it matters: “It is never a good sign when almost all your senior executives are leaving with the stock price at a high," billionaire short-seller Jim Chanos told Bloomberg Opinion's podcast. "That’s telling you there’s something wrong. And I don’t know what it is, but almost all the senior executives at Tesla see something and are leaving stock option packages on the table."