Tesla Stock Takes A Hit - After Elon Musk Does The Same

Elon Musk smokes a blunt live on You Tube with podcaster Joe Rogan

The upheaval in the executive ranks emerged hours after the company's chief executive, Elon Musk, appeared live on YouTube taking a deep drag on what appeared to be a marijuana cigarette during an interview with comedian Joe Rogan, an advocate for legalizing marijuana.

"Elon Musk discusses over two hours modern technological innovations and the headlines this AM 'smokes joint & drinks whisky on a comedy show.'Media in 2018 is laughable", someone else wrote. "You probably can't because of stockholders, right?"

"I mean, it's legal right?" teased the South African billionaire, accepting the dare. "The trick is you have to transition to level flight", Musk said.

But even the notion of a marijuana-smoking chief executive seemed less disturbing to Tesla watchers than the departure of Dave Morton, the accounting chief, whose immediate resignation was reported Friday in a securities filing.

"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", he said in a statement.

"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", he added.

Over the summer, Tesla's head of engineering, Doug Fields, someone Musk once described as "one of the world's most talented engineering execs", unexpectedly quit.

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Elon Musk announced a major shakeup in Tesla's executive ranks on Friday, just hours after a freaky interview left some investors rattled. The tweet made stocks soar. Several followers questioned if it was against the company's policy, while others mocked the CEO's initial $420 bid, a number that has become code for marijuana. Weed is not helpful for productivity. Tesla's stock plunged, then extended declines after Gabrielle Toledano, the head of human resources who's been on a leave of absence, told Bloomberg News that she won't rejoin the company.

Almost a dozen top executives have left Tesla this year. He took leave from the company in 2015 but rejoined to work on the Semi truck revealed in November of a year ago.

Tesla representatives did not immediately respond to a request for comment from The Hill on Guardado's claims. His past jokes about tweeting after taking Ambien and drinking wine didn't seem so amusing anymore, and he defended his use of the prescription sleep aid in a New York Times interview. According to the report, board members were concerned that the drug doesn't work for him sometimes and "instead contributes to late-night Twitter sessions".

"If he wanted to prove them wrong with actions, he would delete Twitter, drop the Unsworth conversation and not use recreational drugs in a public setting". Virgin Group founder Richard Branson reportedly encouraged parents to smoke joints with their children.

Fox Business Network's Charlie Gasparino tweeted Friday that the Air Force "is looking into Elon Musk's pot-smoking", which is prohibited by anyone who has a government security clearance.

"Do people want privacy?"

In the clip, Rogan lights up what looks like a cigar, and Musk inquires what he's holding.

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