Published: Sat, September 08, 2018
Tech | By Constance Martin

Tesla billionaire Elon Musk shocks as he smokes WEED on web show

Tesla billionaire Elon Musk shocks as he smokes WEED on web show

Tesla's shares dropped to $252.25 earlier Friday morning, falling 10 percent, Bloomberg reported. Recreational marijuana is legal in California.

Tesla shares fell as much as 10% to $252.25 as of 9.46am in NY, the steepest intra-day drop since June 2016. Yet the incident could revive questions about whether Musk is the right person to lead Tesla.

Musk smoked marijuana with comedian Joe Rogan at the end of a two-and-half-hour interview on the "The Joe Rogan Experience", which featured a wide-ranging discussion on topics including artificial intelligence, the Tesla chief executive's technological ambitions and personal hardship.

Discussing the number of lawsuits and investigations brought against Tesla for auto malfunctions, Musk claimed that most of the lawsuits were frivolous and that people would have died if they had similar accidents in other makes of vehicle: "The S, X, and 3 have the lowest probability of injury of any cars ever tested by the USA government", said Musk. Following an interview on the Joe Rogan show though, he has done something that will raise more than a few eyebrows.

In another sign of trouble for Tesla, the company's chief accounting officer resigned Tuesday after only one month in the role, saying the level of scrutiny on the company had made him reconsider the job.

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

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The committee also took a shot at Alphabet CEO Larry Page , who declined an invitation to appear, by leaving out an empty chair. All together, 74 percent of Facebook users say they have taken at least one of these three actions in the past year.

Rogan sparked the tobacco and marijuana mix while Musk was talking about an idea for an electric plane, which he said would be capable of vertical takeoff and landing.

It's unusual for a CEO of a public company to smoke weed on camera, but this is just the latest instance of atypical behavior from Musk. "I don't find that it is very good for productivity". "And then other people asked us to build tunnels so we said yes in a few cases", said Musk discussing the Boring Company.

The aura of weed has surrounded Musk before.

Analysts on Friday reiterated their call for Tesla to bring in another senior leader as it strives to expand production and potentially raise more capital. For a Factbox on executive departures, see: Even before Musk's surprise August 7 Twitter disclosure that he had funding "secured" for a go-private deal, Tesla had been under scrutiny from investors, analysts and short-sellers as it works to hit production targets and slow its cash burn.

Shareholders have sued Tesla, claiming that Musk's tweet constituted illegal market manipulation.

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