Tesla's stock is hit after Musk is filmed smoking and executives leave

Credit You Tube  PowerfulJRE

Credit You Tube PowerfulJRE

Elon Musk, the billionaire chief executive of Tesla, risked provoking fresh concern from investors on Friday after smoking marijuana on a live web show with United States comedian Joe Rogan.

Morton, a former chief financial officer for computer-drive maker Seagate Technology Plc, joined Tesla one day before Musk tweeted that he was considering buying out some investors at US$420 a share and taking the company private.

Tesla CEO Elon Musk appeared to smoke marijuana briefly on camera during a podcast appearance, fueling critics who say that his behavior is becoming increasingly concerning and erratic.

This time, the Tesla billionaire puffed on a marijuana joint during the recording of the Joe Rogan Experience podcast. It said Morton had no disagreements with Tesla's leadership or financial reporting.

Rogan asks if he wants some, but adds that Musk probably can't because of stockholders, nearly daring him.

"I'm not a regular smoker of weed", Musk said.

During the podcast interview, Musk, who is also the founder of the startup Boring Co., as well as Neuralink, said that running Tesla has been the hardest of his current projects.

Shares fell over 10% in early U.S. trade.

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Musk said he had come up with preliminary designs for a supersonic, electric plane that would take off and land vertically.

"Totally legal", Rogan responded, handing Musk the joint.

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.

Shares of electric vehicle pioneer Tesla Inc.

The circumstances surrounding the go-private, no-go-private episode have reportedly drawn heightened scrutiny from SEC investigators. "Tesla 1st, 2nd & 3rd in August sales", Musk tweeted.

In an email to employees, CEO Elon Musk said Toledano was on leave to "spend more time with her family and has chose to continue doing so for personal reasons".

Tesla Chief Accounting Officer Dave Morton resigned Tuesday, according to a Tesla public filing Friday morning.

Today it was revealed that two top executives have left Tesla, and its plummeting stock fell even lower. The stock has plunged 31 percent since Musk floated the idea of taking the vehicle maker off the public market, lopping billions of dollars off the company's market value.

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