Why does Tesla CEO Elon Musk keep getting himself into a mess?

Why does Tesla CEO Elon Musk keep getting himself into a mess?

Why does Tesla CEO Elon Musk keep getting himself into a mess?

Adding to investor concern, Mr. Musk appeared to smoke marijuana during a live interview late Thursday, on "The Joe Rogan Experience", one of the world's most popular podcasts.

Rogan asked Musk about The Boring Company, which Musk said started as a " joke", mostly borne out of his desperation to fix L.A.'s notoriously bad traffic problem.

The comedian offered the 47-year-old billionaire a marijuana and tobacco cigarette, which are legal in the state of California.

Shares of Tesla fell as much as 10% amid the hazy cloud of headlines, marking yet another instance of the controversial Musk giving ammunition to his detractors in the interest of cultivating an offbeat public persona. Musk has defended the pressure-cooker atmosphere as necessary to preserve the company.

"I've thought about this quite a lot, quite a lot", Musk said of the electric jet design, according to The Verge. Rogan passes the joint to Musk, who also takes a sip of whiskey.

Executive changes at Tesla are closely watched, and this one was made especially notable by the more-than-boilerplate statement in the filing, attributed to Morton.

Nonetheless, Tesla shareholders were not amused to see yet another impulsive act from the CEO, and shares dropped by 9% before closing down 6%. Tesla's stock plunged and then extended declines after Gabrielle Toledano, the head of human resources who has been on a leave of absence, told Bloomberg that she won't be rejoining the company. "We believe Musk attempted to manipulate the price of Tesla securities with false and misleading tweets, in a directed effort to harm short-sellers".

Musk stunned investors a month back with tweets saying he had funding to take the company private for $420 per share, which many thought was a reference to weed.

Elon Musk, CEO of Tesla Motors Inc., unveils the companyís newest products, Powerwall and Powerpack in Hawthorne, Calif., Thursday, April 30, 2015. "As a result, this caused me to reconsider my future", Morton was quoted as saying in a company filing.

Tesla is undergoing another executive shakeup, and investors are nervous. Morton, who joined Tesla on August 6, was quoted in a company filing on Friday saying he believes "strongly" in Tesla and that he had no disagreements with the company's leadership or its financial reporting.

Tesla stock has lost a third of its value since August 7, the day Musk announced the go-private plan.

The executive has had a few tough months in the news, culminating in a failed attempt to take Tesla public that led to a Securities and Exchange Commission investigation.

Earlier this week Musk escalated his baseless attacks against British diver Vernon Unsworth, claiming that the man who helped rescue children from a cave in Thailand was a "child rapist" in an email to a reporter.

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