Published: Fri, September 07, 2018
Tech | By

Tesla stock falls as CEO appears to smoke marijuana on video

Tesla stock falls as CEO appears to smoke marijuana on video

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

He went on to say that running Tesla was the "hardest" job he has: "It's very difficult to keep a auto company alive". Musk asked. "It's marijuana inside of tobacco", said Rogan, and asked if Musk had ever had it. "As a result, this caused me to reconsider my future", Morton was quoted as saying in a company filing.

The tech entrepreneur continued by assuring viewers that he is "not a regular smoker of weed", since it's not "very good for productivity".

Bloomberg reported on Friday that Chief People Officer Gaby Toledano would not return from a leave of absence just over a year after joining.

Rogan found Musk's response dubious. Musk has admitted that running an electric auto and energy company like Tesla is exhausting, and in an interview with the New York Times last month, Musk stated that anyone who could do a better job can take over for him anytime.

The report, which was published by electric car-themed news site InsideEVs, estimated that the Tesla Model 3, Model S, and Model X, were the Top 3 electric cars in the USA in August.

CEO Elon Musk appeared on "The Joe Rogan Experience" overnight.


During the show, Musk said he "almost never" smoked.

Tesla shares fell as much as 10% to $252.25 as of 9.46am in NY, the steepest intra-day drop since June 2016.

Rogan asked Musk about The Boring Company, which Musk said started as a " joke", mostly borne out of his desperation to fix L.A.'s notoriously bad traffic problem.

Meanwhile, shareholder activist and short-seller Andrew E. Left sued Tesla and Musk on Thursday, alleging that Musk "artificially manipulated the price of Tesla securities with objectively false tweets in order to "burn" the Company's short-sellers".

At one point, Musk described the constant barrage of ideas in his mind as being "like a "never-ending explosion", and said he wondered as a young boy whether he might be insane because it didn't seem to happen to other people.

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

James Albertine, an analyst at Consumer Edge, said it had previously called for a co-chief executive or chief operating officer to help balance the leadership structure.

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