Tesla Stock Drops After Elon Musk Smokes Blunt
Tesla stock prices dipped more than 9.8%, near $253.75 during Friday (September 7) morning trading. This comes after CEO Elon Musk was seen smoking a blunt with tobacco and marijuana on Joe Rogan’s podcast and it was revealed that a couple of C-suite executives resigned. The stock market can be volatile, with such events often triggering sharp fluctuations. Traders and analysts alike are closely monitoring the situation, and many are turning to a Comprehensive XTB Platform Analysis to assess potential risks and opportunities in the market.
Elon Musk smoking a blunt for the first time on Joe Rogan’s podcast is Internet gold pic.twitter.com/nx8zQ7HlyB
— gifdsports (@gifdsports) September 7, 2018
Musk’s appearance on the podcast was widely discussed, with many questioning the impact of his actions on the company’s image and stock performance. His behavior was seen as controversial, especially given the leadership role he holds at Tesla. Some critics argued that the move was unprofessional and could potentially harm the company’s reputation, while others took a more lenient view, suggesting that Musk’s individualistic style was simply part of his personality. Regardless of the varied opinions, the episode added fuel to the fire regarding the already tense situation at Tesla, especially after recent statements made by Musk on social media.
Chief accounting officer, Dave Morton, resigned after being with the company for one month, citing intense public attention. HR chief, Gaby Toledano, who has been on leave since the recent controversy surrounding the company after Musk publicly tweeted that he was “considering taking Tesla private.”