CEO Elon Musk now says that most of Tesla's shareholders believe it's better off in private hands Elon Musk said investors have convinced him not to make Tesla a private company (Brian Lawless/PA) Tesla CEO and Chairman Elon Musk unveiling the Roadster 2 during a presentation in Hawthorne, California past year, the billionaire's tweet has sparked debate over the electric auto maker's future.
"Yeah, I think I tried one once", Musk replied.
In a wide-ranging late-night interview with Joe Rogan that was live-streamed online, Musk took a puff from what the popular podcast host described as "marijuana inside of a tobacco". Rogan asked. "Almost never", said Musk, chairman and chief executive officer of Tesla and chairman of the board at SpaceX.
Elon Musk smoked cannabis on a YouTube show "I'm not a regular smoker of weed". They did the kind of things you'd expect people to do on Joe Rogan's podcast: they talked about the cosmos, the rise of AI, samurai swords, and drugs.
Tesla shares fell 6.3 per cent to US$263.24, the lowest close in five months.
Musk said he had come up with preliminary designs for a supersonic, electric plane that would take off and land vertically.
Long a polarising figure because of his swashbuckling style, Musk's champions see him as an entrepreneurial genius with the potential to remake the transportation system, while his detractors see him as an egotistical blowhard whose outsized promises have driven unjustified gains in the company's values.
Musk later said he would not take the firm private, but still faces an investigation from regulators on whether or not he breached securities laws. Musk sat down with the comedian turned bro minister and part-time survivalist to discuss eccentric ideas while drinking whiskey. He then backed off from his plan saying Tesla was better off as a public company.
The turmoil at Tesla Inc.
"Electric cars are important, solar energy is important, stationary storage of energy is important", said Musk, according to The Verge. Musk brazenly declared that he had funding in the neighborhood of $50 billion United States dollars from unnamed sources secured and ready to take the company private. Morton claimed he couldn't keep up with the company's jarring path.
"Evidence is becoming more clear that Tesla needs to entertain a major change in the C-suite", Albertine wrote in a report.