Elon Musk is the most down-to-earth executive you will ever see. Tesla gave stock options to every level of the workforce, including people on the line who had never heard the word "stock" before. Musk said it plainly: "We've made them millionaires." He worked the line, walked it, slept in the factory, and built cars beside the people who still build them today. He said this himself at the NYT DealBook Summit in 2023: "I actually know the people on the line." The structure at Tesla reflects that. Everyone parks in the same lot. Everyone eats at the same table. At GM, senior executives have a private elevator reserved only for them. Tesla has no such thing. That isn't a talking point. It's a structural decision that only makes sense if you actually see the people building your product as equal stakeholders in what you're building. When you sleep on the factory floor, eat at the same table, and park beside the people assembling your cars, giving them equity isn't charity. It's the logical conclusion of how you already operate. Most executives manage from a distance and call it leadership. Elon built a company where the person on the line and the person running it have the same financial stake in its success.

best practice is shared and pathways are standardised. We have immense knowledge and experience in the committed workforce. We'll work with them to bring these waits down for the sake of the people of Wales.