Elon Musk smoking weed is now a meme

08 September, 2018, 22:08 | Author: Camille Rivera
  • Elon Musk sued for ‘trying to burn’ short-sellers with Tesla-go-private tweets

"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. Employees at both its Fremont, California, auto factory and Reno, Nevada, battery Gigafactory, have been living through what Musk has called "production hell", working to ramp up production of the company's critical Model 3 sedan.

The departure of Morton and Toledano, combined with Musk smoking marijuana in an interview with a comedian late Thursday, sent the company's shares down 6.3 per cent to $263.24, their lowest close since April 2.

Meanwhile, its chief people officer Gaby Toledano had decided not to return to the firm after a period of absence, according to newswire Bloomberg.

Musk added: "I'm not a regular smoker of weed - nearly never".

About two hours into the podcast, which can be seen on YouTube, Musk inhales from what the host says is a combined marijuana-tobacco joint, which Rogan notes is legal.

Shortly after smoking, Musk looks at his phone and laughs, telling Rogan he was getting texts from friends asking why he was smoking weed during the interview. "As a result, this caused me to reconsider my future", Morton said in the filing. Last month, Musk ignited controversy by announcing on Twitter that a deal to take Tesla private was all but certain, only to abandon the plan 17 days later.

In a Business Insider report published this week, employees inside the company described 70-hour workweeks, an "intense" environment, and a cult-like atmosphere that reveres both workaholism and Musk himself. "I don't actually notice any effect".




Overall, Morton appears to have parted ways with Tesla amicably, stating that he still believes in the company's overall mission, as well as its future prospects. This brings the company's stocks down more than 30 percent from their all-time intraday high of $389.61.

How much Musk's pot break contributed to the stock dive is uncertain, because by Friday morning Tesla had announced Chief Accounting Officer David Morton was leaving the company after less than a month on the job.

James Albertine, an analyst at Consumer Edge, said it had previously called for a co-chief executive or chief operating officer to help balance the leadership structure.

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

Viecha also restated Tesla's forecast that it will build 50,000 to 55,000 of its Model 3 sedans in the current quarter, and indicated the company's working capital will improve as production increases, Spak wrote.

Musk has recently drawn a lot of attention after saying in early August that he would take Tesla private, only to backtrack on that proposal two weeks later.

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