Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana and wielding a sword on a webcast, just hours before the automaker said its recently-appointed accounting chief would leave, the latest in a string of unusual behavior and executive departures that have stunned investors.
"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", Morton added.
Tesla stock dropped 10 percent Friday, a day after CEO Elon Musk smoked marijuana during a live interview with comedian Joe Rogan, despite previously criticizing the drug, and after a top executive left the company.
Elon Musk found himself in the middle of another controversy on Friday, after he smoked weed and sipped whiskey during a rather odd Thursday night podcast hosted by comedian Joe Rogan - with some suggesting the eccentric billionaire had acted irresponsibly. He took one drag from what Rogan described as a joint containing tobacco mixed with marijuana, which is legal in California.
During the podcast interview, Rogan asks Musk about his 1961 Jaguar E-Type, the Boring company and.shares a smoke with Musk. "It's very hard to keep a vehicle company alive", Musk said. Musk also caused a stir when he tweeted in August that he wanted to take Tesla private. Tesla's stock is down more than six percent to $262, the lowest level since April.
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Tesla representatives were not immediately available for comment Friday morning.
"I'm getting text messages from friends saying, 'What the hell are you doing smoking weed?'" said Musk said later on in the interview.
In August he told the New York Times that he worked "120-hour weeks" and took sedatives.
And indeed this may not strike many as all that daring or risque, but remember that Mr. Musk is the CEO of a multi-billion dollar publicly traded company. I don't find that it's very good for productivity.
Now, with the company set on staying public, its finances are under extreme scrutiny from investors and analysts as it fights to become profitable.
It wasn't the first time Musk's tweeting put him into some potential legal trouble: Vernon Unsworth, the British diver who assisted in the Thai cave rescue this summer, filed a lawsuit against the executive for calling him a "pedo" online. "Although the majority of shareholders I spoke to said they would remain with Tesla if we went private, the sentiment, in a nutshell, was 'please don't do this'".