After Elon Musk’s reefer madness, investors question Tesla CEO’s stability

Tesla chief Elon Musk smokes marijuana on live web show

Tesla shares have fallen sharply after two senior executives abruptly left the electric auto firm headed by Elon Musk.

"I think I tried one once", said Musk, when asked if he had ever smoked a mix of weed and tobacco.

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.

Also on Friday, Bloomberg reported that Tesla's human-resources chief, Gaby Toledano, would not return from a leave of absence that began in August.

Shares of electric auto maker Tesla Inc. tumbled over 9 percent as the markets opened Friday, Sept. 7, after the CEO smoked marijuana during a YouTube video podcast and the company’s accounting chief left after a month on the job.

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.

Elon Musk smokes marijuana during a podcast interview with Joe Rogan.

Musk, seemingly referencing former president Bill Clinton, went to Twitter to say that to say, "remember, I did not inhale".

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Tesla has long struggled with high turnover among its senior executive ranks, and its finance team, in particular, has gone through significant tumult lately. Although he abandoned the idea less than three weeks later, he remained under investigation by the SEC.

Clips of the unexpected smoke break have quickly gone viral, catching the attention of Musk's friends and business partners.

Rogan's podcast is known for being choppy and focused on a wide array of topics, but Musk's appearance was particularly wild, as the two went from discussing ancient weaponry to talking about the CEO's new electric plane design.

The interview was taped in California, where marijuana is legal.

On Tuesday, Chief Accounting Officer Dave Morton announced his resignation less than a month after taking the job; he started the day before Musk's privatization tweet.

While many did not see issue with Musk's inhaling, others noted that his Tesla company dropping a few stock points was a rather unfortunate side effect. "Every now and again I get drawn in and it's not good, you can make some mistakes".

At least 48 executives have left the company this year. Earlier this week Musk made a second round of unsubstantiated allegations against Vernon Unsworth, the British diver involved in the cave rescue operation that saved a group of Thai schoolboys in July, whom he had called a "pedo guy".

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