Elon Musk Tokes and Tesla Stock Tumbles

Elon Musk Tokes and Tesla Stock Tumbles

Elon Musk Tokes and Tesla Stock Tumbles

Yet the incident could revive questions about whether Musk is the right person to lead Tesla.

Morton, a former CFO for computer-drive maker Seagate Technology, joined Tesla one day before Musk tweeted that he was considering buying out some investors at $420 a share and taking the company private. Musk asked Rogan to which he responded, "Totally legal".

Shares of electric vehicle maker Tesla Inc. tumbled about 7% as the markets opened Friday after the CEO appeared to smoke marijuana during an interview and the company's accounting chief left after a month on the job. Musk has said he expects the company could turn profitable in the second half of this year.

"Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations", the company quoted Morton as saying in the filing with the U.S. Securities and Exchange Commission.

The company said its accounting functions will be overseen by the chief financial officer and corporate controller.

"I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla's leadership or its financial reporting", he said. Tesla announced several promotions, including a replacement for O'Brien, in a blog post on Friday, but did not name a new chief accounting officer.

Post Malone Involved in Car Accident
Malone was on his way to London Luton Airport in England, where the rapper was set to perform at the Reading & Leeds festival. The singer tweeted again on Friday morning following his early morning accident and said, "God must hate me lol".

Tesla's Elon Musk provoked another Twitter storm on Friday by briefly smoking marijuana on a live web show with comedian Joe Rogan.

"I mean it's legal, right?", Musk responded, as he accepted the joint and took a puff. Spend more time with your friends and less time on social media. "We think this is further evidence that the time is now for management and the Board to address these issues", Albertine said.

Tesla shares were down almost 9 percent premarket.

The plunge in Tesla's stock comes just a day after Elon Musk expressed his support for a report estimating the USA sales figures for electric cars now available in the United States.

Viecha also restated Tesla's forecast that it will build 50,000 to 55,000 of its Model 3 sedans in the current quarter, and indicated the company's working capital will improve as production increases, Spak wrote.

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