Shares of electric vehicle maker Tesla Inc. fell more than 6 per cent early Friday after the CEO appeared to smoke marijuana during an interview and the company's accounting chief left after a month on the job.
Meanwhile human resources executive Gabrielle Toledano is not planning to return to the company from her leave, accodring to various published reports. The CEO abandoned that effort 17 days later, and all the while drew a subpoena from the Securities and Exchange Commission and a series of lawsuits alleging market manipulation.
"I can not answer questions about potential future products". "As a result, this caused me to reconsider my future".
Joe Rogan Experience/YouTubeElon Musk taking a toke.
The announcement sent Tesla stock surging by more than 10 percent.
Tesla has long struggled with high turnover involving its senior executives, and its finance team in particular has gone through a period of significant tumult. Morton worked for the company for only a month.
At least 48 executives have left the company this year.
Musk took the already-lit blunt from Rogan and had one puff, but it appears that he did not inhale, meaning he likely did not feel the effects of marijuana.
"It's quite hard to run companies". Musk works so many hours that employees have found him sleeping under tables at Tesla's facilities, they say.
But McNealy said that life at the helm of a big company - particularly one that has relied so heavily upon government subsidies and tax dollars - can be very stressful.
"Shareholders could either to sell at 420 or hold shares & go private", he also said. If the stock is trading below that $360 when the options mature, Tesla may have to repay that $920 million.
Earlier this week Musk escalated his baseless attacks against British diver Vernon Unsworth, claiming that the man who helped rescue children from a cave in Thailand was a "child rapist" in an email to a reporter.
Now, with the company set on staying public, its finances are under extreme scrutiny from investors and analysts as it fights to become profitable.
At the end of the show, Rogan asked Musk for concluding thoughts.
Shortly after CNBC published its story, a reporter for Fox Business confirmed that the Air Force is investigating Musk's drug use.