Tesla rocked by executive departures, Musk web show; stock plunges 10%

Musk told Rogan that he's not a regular weed smoker

Musk told Rogan that he's not a regular weed smoker

Tesla Inc's shares dropped the most in two years on Friday, rocked by the departure of its accounting chief after just a month and mounting investor concerns about Chief Executive Elon Musk's behavior after he smoked marijuana on a live webcast.

As the video gained traction, more news hit: Early Friday, the Palo Alto, California, company announced that Chief Accounting Officer Dave Morton resigned after a month on the job, citing public attention and the fast pace of the post.

Morton left Seagate Technology(STX) - where, according to company filings, he made some $5 million in 2017 salary and other compensation - to join Tesla. This reportedly has led to an SEC investigation.

Musk told Rogan that running Tesla is the hardest of his several endeavors.


"You probably can't because of stockholders", Rogan joked, to which Musk reasoned, "I mean it's legal, right?"

Tesla shares have fallen sharply after two senior executives abruptly left the electric auto firm headed by Elon Musk.

Why did a rich man who wants to transport mankind to Mars and fix Los Angeles' traffic issues with an underground tunnel even go on Joe Rogan's podcast? "I don't find that it is very good for productivity". Musk has admitted that running an electric vehicle and energy company like Tesla is exhausting, and in an interview with the New York Times last month, Musk stated that anyone who could do a better job can take over for him anytime.

Musk said he is less anxious about AI than he had been, mostly due to "taking a more fatalistic attitude".


The 47- year-old billionaire spent two and a half hours on a podcast late Thursday discussing everything from artificial intelligence and its impact on humankind to flame throwers and social media.

His brother Kimbal Musk told the newspaper that the reason Mr Musk "seems to attract drama" is because he is "so transparent, so open, in a way that can come back to bite him".

At one point, Musk and Rogan shared a spliff, though Musk said doesn't make a habit of smoking weed, which he called "a cup of coffee in reverse".


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