Tesla Turmoil Peaks As Elon Musk Smokes Weed On YouTube, Executives Quit

Adjust Comment Print

Tesla noted in a statement to Reuters that Morton opted to depart from the company due to his discomfort with the level of public attention and Tesla's overall pace of work.

Musk, 47, who has repeatedly accused a British diver of being a paedophile, spent two-and-half hours on the streamed podcast late on Thursday discussing everything from artificial intelligence and its impact on humankind to flame throwers and social media. Musk may have even violated Tesla company policy, according to CNBC.

Tesla's Elon Musk provoked another twitter storm on Friday by briefly smoking marijuana on a live web show with comedian Joe Rogan. Later, Tesla's eccentric CEO tweeted that he was negotiating the go-private deal with buyout firm Silver Lake, investment bank Goldman Sachs and several other firms, including the Saudi Arabian government.

Separately, human resources chief Gabrielle Toledano told Bloomberg she planned to exit the company, rather than return from a leave of absence.

CNBC reported Morton, 46, who had only been at Tesla a month, left because he felt his concerns about Musk's plans to take Tesla private were being ignored.

If such a system is connected to your vehicle, it could calculate when you'll be home and start the air conditioning at the optimal time to save energy, Musk said.

While he said he was "not a regular smoker of weed", he took a drag from what Rogan described as a joint containing tobacco mixed with marijuana, which is legal in California. Neuralink may have something interesting to announce in a few months, Musk told Rogan.

"I've thought about this quite a lot, quite a lot", Musk said of the electric jet design, according to The Verge.

More news: UEFA Nations League Germany v France 06 September 2018
More news: Novak Djokovic joins calls for action to end 'sauna'
More news: 'This hurts my heart': Celebrities mourn the death of rapper Mac Miller

In the same breath, Musk said that such a concept "isn't necessary right now" - that he's focused on electric cars, solar power, and energy storage (batteries). "I don't actually notice any effect ..."

Morton, who is walking away from a $350,000 base salary and a $10 million new-hire stock grant that would vest over four years, said he believed "strongly" in Tesla and that he had no disagreements with the company's leadership or its financial reporting.

After the podcast aired Tesla shares dropped 9 per cent, wiping $3.1 billion off the company's value (at the time of writing.) Although, that may have more to do with Musk's robotic behaviour than smoking weed.

Musk is definitely not flying high after his infamous toke set his company stocks ablaze...

"We think this is further evidence that the time is now for management and the board to address these issues", he added.

Shares of Tesla fell 1.3 percent in trading before the bell.

"Defendant Musk artificially manipulated the price of Tesla securities with objectively false tweets in order to "burn" the company's short-sellers", Left said, stressing that Musk's actions violated federal securities laws.

Comments