Tesla Stock Falls as CEO Appears to Smoke Marijuana on Video

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The drop followed not only Mr. Musk's interview, but also Chief Accounting Officer Dave Morton's resignation that was announced this week. Shares were trading at about $360 and the bonds yielding about 7% before Mr. Musk's August 7 statement on Twitter that he had secured funding to take the company private at a price of $420 a share.

Tesla and SpaceX CEO Elon Musk smoked weed during a podcast interview with comedian Joe Rogan on late Thursday.

"You ever had that?" "I don't think people would like it that much". At one point, Musk inhaled, exhaled, and shrugged the experience off before picking up a glass of whiskey and observing that alcohol is a drug that's "been grandfathered in".

He told Rogan he thinks that merging humans with computers is the approach that "seems probably the best for us: if you can't beat it, join it".

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"I Mean, It's Legal!"

It's legal under California law, but federal law still considers it a crime.

Elon Musk took a drag on a joint during his interview with former UFC commentator Joe Rogan. "How does that work?"

"If you get one of those toy drones and imagine it's 1,000 times heavier - that's not going to make your neighbors happy", he explained. "It just wasn't the way I operate", he said.

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If such a system is connected to your vehicle, it could calculate when you'll be home and start the air conditioning at the optimal time to save energy, Musk said.

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. The U.S. Securities and Exchange Commission is now probing that assertion, and Musk quickly backtracked on the plan.

"I've thought about this quite a lot, quite a lot", Musk said of the electric jet design, according to The Verge.

"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 added. Investors who have bet that Tesla's stock price will fall, or "short sellers", also have filed a lawsuit against Tesla and Musk alleging that the take-private proposal was a ruse aimed at lowering the value of their holdings.

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