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Tesla Stock Falls as CEO Appears to Smoke Marijuana on Video

Tesla Stock Falls as CEO Appears to Smoke Marijuana on Video

In the filing, now-former Tesla executive Dave Morton said that he was leaving because "the level of public attention placed on the company as well as the pace within the company have exceeded my expectations".

Overall, Morton appears to have parted ways with Tesla amicably, stating that he still believes in the company's overall mission, as well as its future prospects. Shortly after his announcement, Bloomberg reported that Tesla's chief people officer, Gabrielle Toledano, would not return to the company after a leave of absence.

Tesla Inc shares fell almost nine percent on Friday as the resignation of its chief accounting officer after just a month at work spooked investors amid another social media storm around billionaire chief executive Elon Musk.

Musk sipped whiskey and smoked marijuana during a more than two-and-a-half-hour podcast with comedian Joe Rogan late on Thursday that touched on everything from flame throwers and artificial intelligence to the end of the universe. Rogan further explains the legal-in-California creation, before Musk reaches for the marijuana stuffed cigar and takes a drag.

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 also caused a stir when he tweeted in August that he wanted to take Tesla private.

"It's time for Tesla and Elon Musk to grow up", Michelle Krebs, executive analyst at Autotrader, said Friday.

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.

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Elon Musk is back at it again!

Asked by Musk whether it was legal to smoke, Rogan assured him that it was, then asked: "How does that work?"

Rogan described it as marijuana inside tobacco, and asked if Musk had ever tried it.

"No, I'm getting text messages from friends saying, 'What the hell are you doing smoking weed?'" Musk replied. The San Francisco office of the SEC has sent subpoenas to Tesla regarding its privatization plans to determine whether Musk intentionally misled investors.

We got to see just that, a spike and a drop in just a few days, all from the possibly illegal Elon Musk Tweet that was posted exactly a month ago today. I don't find that it's very good for productivity.

In July, Musk raised eyebrows when he accused British diver Vern Unsworth - who aided in the rescue of 12 boys and their coach in Thailand cave this summer - of being a "pedo" or pedophile in a tweet.

And some, in true Twitter fashion, used the occasion for sarcasm.


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