Published: Sat, September 08, 2018
IT | By Jonathon Greene

Elon Musk apparently smoked marijuana in live podcast; Tesla stock down

Elon Musk apparently smoked marijuana in live podcast; Tesla stock down

Elon Musk is stumbling from one controversy to another.

Tesla's chief accounting officer, Dave Morton, said he was leaving the company after considering the level of attention Tesla has received and the "pace within the company".

"In the succeeding days, the truth regarding the supposedly "secure" financing needed to effectuate the going-private transaction began to emerge, exposing the fraudulent scheme", Left, the founder of one of the longest-running self-published blogs, Citron Research, said.

Tesla's chief people officer, Gaby Toledano, also took a leave of absence in August and will not be returning, Bloomberg reported Friday.

About two hours into the podcast, which can be seen on YouTube, Musk inhales from what the host says is a combined marijuana-tobacco joint, which Rogan notes is legal.

"You probably can't because of stockholders", Rogan joked, to which Musk reasoned, "I mean it's legal, right?"

Elon Musk smoked a joint with Joe Rogan during an episode of the JRE.

Musk did not immediately respond to additional questions about his behavior or comments on the podcast.

Tesla shares fell as much as 10 percent, the steepest intraday drop since June 2016, and were down 4.9 percent to $267.28 as of 11:10 NY.

Morton's brief tenure with the company coincided with the aborted go-private push. He then backed off from his plan saying Tesla was better off as a public company.

Mr Musk has said the company is producing more than 5,000 Model 3 electric cars per week, and cash generated from the sales will bring sustained quarterly profits. Musk sat down with the comedian turned bro minister and part-time survivalist to discuss eccentric ideas while drinking whiskey.

Musk's behaviour has raised concerns about his leadership and several Wall Street analysts have called for the company to appoint a strong deputy to prop up Tesla's operations and standing with investors.

The exchange, which came near the end of an interview that lasted more than two and a half hours, illustrates Musk's generally carefree approach.

"Evidence is becoming more clear that Tesla needs to a entertain a major change in the C-suite", Albertine wrote in a report.

She has an impressive resume: She served 10 years on the executive team at Electronic Arts, which followed a job leading human resources at Siebel Systems and time at Microsoft and Oracle.

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