My Road & Track magazine came today. It did not particularly interest me because it was a special issue devoted to Japanese cars. But I paged through it anyway. The last page is always the monthly "Far Afield" column by the irrepressible Bob Lutz. His topic was how "Mark Fields, Ford's successor to the brilliant Alan Mulally, was unceremoniously removed from his CEO position by a restive board and a gaggle of Ford family members." I knew nothing of the background, but read the column because Lutz is always strongly opinionated and often entertainingly colorful. It turns out his theme is that Mark Fields' considerable accomplishments were not enough to keep him "...in an era where Wall Street uses the peripatetic Elon Musk as the standard by which automotive CEOs are measured." He goes on to describe what he sees as the fascination that Musk and Tesla hold for "newly minted Harvard MBA analysts," despite Tesla's lack of profits and the unproven reliability of the cars. "Musk, the ultimate pitchman, draws an irresistible vision of the transportation future. Tesla's stock defies gravity and all conventional business logic. Ford's shareholders, holding $11 shares, naturally became envious." He concludes by saying, "Poor Mark Fields, a good legacy CEO, was no longer fit in a world where promise and hype outclass perseverance and financial performance." So Musk is now the standard of automotive CEOs! Who knew? Pretty heady stuff.