Tesla rocked by executive departures, Elon Musk web show

Tesla rocked by executive departures, Elon Musk web show

Tesla rocked by executive departures, Elon Musk web show

Elon Musk, the billionaire chief executive of Tesla, risked provoking fresh concern from investors on Friday after smoking marijuana on a live web show with United States comedian Joe Rogan.

"I mean it's legal, right?"

One of Wall Street's prominent short sellers, Andrew Left, has filed a class-action lawsuit, accusing electric vehicle maker Tesla and its CEO Elon Musk of trying to "burn" investors with "objectively false tweets".

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". Marijuana is legal in California, where the interview took place. Last month, Tesla's founder tweeted about plans to take the company private.

Musk admitted - perhaps in a reference to his recent row after he branded British-born diver Vern Unsworth a "pedo" - that he had made mistakes on Twitter.

"I'm getting text messages from friends saying, 'What the hell are you doing smoking weed?'" Musk added after smoking.

Now, with the company set on staying public, its finances are under extreme scrutiny from investors and analysts as it fights to become profitable.

Chief Accounting Officer Dave Morton gave notice Tuesday that he was resigning less than a month into the job, according to a filing. "Yeah, I think I tried one once", he said, when it was confirmed that it was indeed a cigarette containing marijuana and Rogan asked if he had ever used before. "I don't think people would like it that much".

Musk has repeatedly expressed concerns about the dangers of unrestrained development of artificial intelligence but says his push for a more cautious, regulated approach has been "futile".

Tesla's shares dropped to $252.25 earlier Friday morning, falling 10 percent, Bloomberg reported.

"The interesting thing about an electric plane is that you want to go as high as possible, but you need a certain energy density in the battery pack, because you have to overcome gravitational potential energy", Musk said.

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