• Tesla's Shares Fall 7% Amid Executive Departures and Elon Musk's Smokey Interview

    18 days ago - By Fortune

    Tesla's shares took a hit Friday after two executives announced their exit from the company, while CEO Elon Musk smoked what appeared to be marijuana on a comedian's podcast.
    “It's very difficult to keep a car company alive,” Musk told the interviewer, just one of many unconventional statements he made that likely spooked investors.
    Tesla's shares tumbled as much as 10% in mid-day trading Friday, Bloomberg reports-the largest one-day drop since June 2016. They later recovered somewhat to $262.14, a decline of $18.81, or 6.70%.
    The drop comes the same day as the public announcement that...
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  • Short sellers pocket $510 million off Elon Musk's pot smoking interview

    18 days ago - By CNBC

    Those betting against Tesla cashed after a bizarre video showing CEO Elon Musk smoking pot on a podcast surfaced, and a pair of C-level executive resigned.
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  • Tesla executive exits, CEO smokes pot on webcast, shares reel

    18 days ago - By Reuters

    Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana, drinking whiskey and wielding a sword just hours before the automaker said its accounting chief would leave after a one-month stint, the latest in a string of unusual behavior and executive departures that have stunned investors.
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  • Tesla shares drop after top exec quits, Musk tokes

    18 days ago - By Reuters

    Tesla shares dropped the most in two years on Friday, rocked by the departure of its accounting chief after just a month and mounting investor concerns about Chief Executive Elon Musk's behavior after he smoked marijuana on a live webcast. Zachary Goelman reports.
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  • Tesla's shares drop after execs resign, video of Musk smoking marijuana circulates

    18 days ago - By Washington Post

    At least 48 executives have left the company this year.
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