Tesla executive exits, CEO smokes pot on webcast, shares reel

Tesla executive exits, CEO smokes pot on webcast, shares reel

Tesla executive exits, CEO smokes pot on webcast, shares reel

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.

Days after Elon Musk made headlines for repeating unsubstantiated allegations that a British diver involved in the Thailand cave rescue is a pedophile, the CEO of Tesla and SpaceX provoked more investor uncertainty when he appeared to smoke a blunt on-air during a podcast.

CNBC reported Friday afternoon that Morton was concerned with CEO Elon Musk's lack of attention to the accounting details surrounding a transaction to take Tesla private.

Some people speculated that he was high when he tweeted last month that he was considering taking Tesla private, citing his proposal of $US420 a share - "420" is a reference to weed.

Elon Musk took a drag of a spliff - weed mixed with tobacco - during a live interview with the former UFC commentator Joe Rogan on Thursday.

"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.

"After offering him the joint, Rogan said: "'You probably can't do this because of stockholders, right?"

Nadal's lovely act of sportsmanship after 'match of the year'
I think we nearly all the time have great matches. "He's a close friend on tour, a great guy and I wish him the very best". I told him I was sorry and that he is good, he is a fighter.

A screengrab of Tesla boss Elon Musk smoking marijuana.

The 47-year-old billionaire later said he wasn't a "regular smoker" of marijuana because he doesn't find it "very good for productivity".

Even before Musk's surprise August 7 tweet 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.

"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", Morton wrote in his statement today. Musk did, and the image of the CEO smoking cannabis immediately spread on social media like wildfire. "We think this is further evidence that the time is now for management and the Board to address these issues", Albertine said.

Tesla said cash from Model 3 sales will pay the bills and drive profits.

Tesla shares fell 7 percent on Friday.

Related news

[an error occurred while processing the directive]