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.
Following the interview, Musk’s Tesla stock dropped nine percent.
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.”