Everybody move up: Tesla shuffles executive ranks

Everybody move up: Tesla shuffles executive ranks

Everybody move up: Tesla shuffles executive ranks

But that's not it.

Just hours later Tesla was rocked again as human resources boss Gabrielle Toledano and accounting chief Dave Morton left. During the live podcast, Tesla chief said, 'I'm not a regular smoker of weed.' Musk, 47, took one drag from what Rogan described as a joint containing tobacco mixed with marijuana, which is legal in California. In an emotional August interview with The New York Times last month, the CEO said he was working as many as 120 hours a week, admitting that friends were anxious he was facing exhaustion.

Shares shot up after Musk's buyout tweets.

"I don't think you'd necessarily want to be me", he said.

"Since I joined Tesla on August 6, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations", said Morton in company filings, CNBC reports.

In an interview with The New York Times last month, Musk revealed he takes Ambien to sleep-a habit Tesla board members were concerned could be behind his erratic behavior on Twitter.

Shockingly this was nearly a complete blindside to the board of directors at Tesla and just two weeks after that tweet Musk recanted and did his best to explain why he had claimed he had funding "secured". "These simulations, we might as well call them reality, or you can call them multiverse", Musk mused.

"It's very hard to keep a vehicle company alive", Musk told the interviewer, just one of many unconventional statements he made that likely spooked investors.

San Francisco: Elon Musk made a series of internal promotions to rebuild Tesla Inc.'s senior management team and downplayed media coverage of the electric-car maker, assuring employees that production and deliveries are set to surge. Rogan said, as he lit what appeared to be a joint on camera.

"Losing a chief accounting officer so quickly at a time when the company's finances are under pressure does not give good optics", said Mike Ramsey, an automotive analyst at Gartner.

There is growing concern about the inner workings of Tesla and many are beginning to question why proven executives are leaving.

Morton joined the electric auto company the day before Musk tweeted that he was considering taking the company private, causing stocks to soar and prompting and a Securities and Exchange Commission investigation from over whether he had funding secured, as he had stated.

Musk didn't appear to be doing anything illegal because recreational use of marijuana is legal in the state of California. "The company has problems, and it seems the board and investors need to start speaking up about how the company is being run".

Nonetheless, Tesla shareholders were not amused to see yet another impulsive act from the CEO, and shares dropped by 9% before closing down 6%.

There has been periodic talk of installing a No. 2 under Musk or a chief operating officer, as is the case at SpaceX, his private rocket company. "I'd rather be optimistic and wrong than pessimistic and right".

It wasn't the first time Musk's tweeting put him into some potential legal trouble: Vernon Unsworth, the British diver who assisted in the Thai cave rescue this summer, filed a lawsuit against the executive for calling him a "pedo" online.

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