Published: Sat, September 08, 2018
Industry | By Kenny Hampton

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

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

"So is that a joint?"

Musk also told Rogan it was "wrong" and "dangerous" for people to buy the flamethrowers he sold earlier this year, and he said that The Boring Company, his tunnel-construction firm, "started out as a joke".

"It was just like a slap in the face to me and my son", Guardado said.

"You probably can't (smoke marijuana) because of stockholders, right?"

"I mean, it's legal, right?" replied Musk.

Musk said he was not as anxious about artificial intelligence than he was previously after "taking a more fatalistic attitude".

Rogan's podcast is known for being choppy and focused on a wide array of topics, but Musk's appearance was particularly wild, as the two went from discussing ancient weaponry to talking about the CEO's new electric plane design.

"You getting text messages from chicks?"

At the same time that a video of Musk's wacky weed affair was going viral, reports surfaced that two top execs at the embattled electric-car maker abruptly departed.

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The tech entrepreneur continued by assuring viewers that he is "not a regular smoker of weed", since it's not "very good for productivity". Last month, Musk ignited controversy by announcing on Twitter that a deal to take Tesla private was all but certain, only to abandon the plan 17 days later.

Tesla shares fell 6.3 per cent to US$263.24, the lowest close in five months.

The company's head of accounting, Dave Morton, and head of human resources, Gaby Toledano, said they were quitting the company, which has been at the centre of a string of controversies recently.

"Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations".

Twitter user Andrew Geddis summed up his reaction to the distasteful end to the heart-warming rescue story this way: "Got to say, Elon Musk is doing a great job of making me never want to buy a Tesla". He added that he still believed in Tesla, that "I have no disagreements with Tesla's leadership or its financial reporting".

The circumstances surrounding the go-private, no-go-private episode have reportedly drawn heightened scrutiny from SEC investigators. He'll take over for Gabrielle Toledano, who told Bloomberg News on Friday that she won't return from a leave of absence.

Whatever the intent of his recent public musings, Musk's wobbly behavior appears to be making investors nervous, as evidenced by Friday's decline in Tesla's share price.

Tesla representatives were not immediately available for comment Friday morning.

Although he later announced that Tesla would remain a publicly traded company to appease shareholders, that tweet spurred the U.S. Securities and Exchange Commission to launch an investigation into the veracity of Musk's statement.

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