Elon Musk smokes weed on the Joe Rogan Experience

Yolanda Curtis
September 8, 2018

Tesla shares, down just 1 per cent after Musk's appearance on the Rogan podcast overnight, fell another 7 per cent after Morton's resignation to $262.54. Elon Musk has continued to self-inflict PR disasters one after another, and not only that, but there is a disturbing trend of top talent bailing out on the automaker.

Running a vehicle company is hard.

That may have provided some relief to those betting on the company's decline ー on Thursday, it was reported that prolific short seller Andrew Left of Citron Research was filing suit against Tesla and Musk for the now-infamous "funding secured" tweet in early August.

The interview took place in California, where both medical and recreational use is allowed, but it is still illegal on the federal level.

In addition to Morton, the head of HR, Gabrielle Toledo, ran for the hills, informing Tesla that she won't return to the company after her current leave of absence.

Munster said that while there may be more "upside" to Tesla, Musk's actions are hurting.

Then, Musk appears to take a hit as Rogan continues explaining that there's tobacco and marijuana inside.

"You probably can't [take a drag] because of stockholders, right?"

The spot on one of the most popular podcasts in the US marks Musk's first appearance in a public forum since he stunned the financial world last month with his short-lived effort to take Tesla private. Musk brazenly declared that he had funding in the neighborhood of $50 billion United States dollars from unnamed sources secured and ready to take the company private.

As Musk examines Rogan's blunt, Rogan asks if people get upset at Musk when he does certain things.

On the same day, Tesla announced that chief accounting officer Dave Morton had resigned after a month, citing public attention and the fast pace of the post. "I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla's leadership or its financial reporting". The price dipped as low as $254.02 before rebounding to the $260-$270 range at midday.

Musk in recent days also renewed a feud with a British cave diver, Vernon Unsworth, who was involved in the rescue of 12 boys trapped in an underwater cave in Thailand this summer, according to the BBC.

Morton had been at the company for just over a month.

Some people speculated that he was high when tweeted he was considering taking Tesla private, because he proposed $420 a share, and April 20 or 4/20 is a reference to weed.

In August, Musk told The New York Times he was exhausted from too much work and difficulty sleeping in an interview that sharpened questions about his mental stability.

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