Elon Musk is back in the headlines. The Tesla founder went viral after an appearance on the Joe Rogan Podcast where he was seen smoking a blunt. Musk has previously said that he isn’t a fan of smoking marijuana, but he indulged in some weed during the podcast which was filmed in California where weed is legal.
Simulation update: Elon Musk smoked weed on the Joe Rogan podcast pic.twitter.com/Cg94FGFfwy
— Joel Franco (@OfficialJoelF) September 7, 2018
Following the interview, Musk’s Tesla stock dropped nine percent.
From CNBC:
Shares of Tesla plunged as much as 9 percent Friday after news of a pair of C-suite executive resignations and a bizarre video showing CEO Elon Musk smoking pot on a podcast, capping a tumultuous month since Musk launched the company into controversy with a take-private tweet.
The stock opened Friday’s session at $260.10 before paring losses slightly. Shares were roughly 7 percent down after the first hour of trading. It extends a painful week for the automaker. As of Thursday’s close, the stock had already lost 7 percent on the week.
On Friday morning, Tesla’s chief accounting officer Dave Morton resigned from his position after one month citing public attention.
“Since I joined Tesla on August 6, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations,” Morton said in a statement. “As a result, this caused me to reconsider my future.”
