My impression with no inside knowledge, but understanding what Elon companies are like, is that he was assigned essentially an impossible task at Tesla and tried his very best, but it could not be done, and he semi-burned out. It makes sense for him to be getting back on the horse now.
The Elon approach to management as I see it is to assign what normally would be totally unreasonable goals to a small group of extremely bright people, and they work their asses off and somehow find a way. Sometimes this works, and sometimes it doesn't. If it works and the impossible was in fact, just barely possible, you dominate the market, everyone gets rich, and the people see it as the most exciting, intense, and rewarding part of their career. If it doesn't, they get depressed, divorced, and looking for other work. The Elon magic is threading the needle closely enough that a lot of the seemingly impossible things are in fact possible with enough hard work and brainpower, but although Elon is extremely good at this, the nature of the thing is that you can't predict which side you'll wind up on fully accurately.
I expect the people with low market value to be the ones sticking around labs for long periods of time, they don't have the option to move and they aren't getting poached.
Yes, and it is a problem
> maybe for a fungible CRUD engineer
And there's the cause.
We're in a meat grinder, and there is no $100M payout in sight for most of us