Tesla shares sink after key executives exit

Elon Musk smokes a blunt live on You Tube with podcaster Joe Rogan

Accounting officer Dave Morton's resignation was announced in an official filing with U.S. regulator the Securities and Exchange Commission. Tesla's stock plunged, then extended declines after Gabrielle Toledano, the head of human resources who's been on a leave of absence, told Bloomberg News that she won't rejoin the company.

That may have provided some relief to those betting on the company's decline ー on Thursday, it was reported that prolific short seller Andrew Left of Citron Research was filing suit against Tesla and Musk for the now-infamous "funding secured" tweet in early August. This reportedly has led to an SEC investigation. Musk has said he stands by his initial tweet about the company going private.

Some Wall Street analysts called again for the company to appoint another senior leader for the company to take the pressure off Musk, or rein in his control. Yet the incident could revive questions about whether Musk is the right person to lead Tesla. Rogan said. "I mean it's legal, right?" said Musk before taking a drag. Morton is a veteran in the tech sector, serving as the Executive Vice President and Chief Financial Officer of Seagate before starting his employment at Tesla.

Tesla Inc. (TSLA) shares dropped down to their lowest point in almost six months today amid a lawsuit made by a short-seller who is suing the auto company over claims that they lied to investors about taking TSLA private. I don't find that it's very good for productivity.




Musk said he is less anxious about AI than he had been, mostly due to "taking a more fatalistic attitude".

The billionaire entrepreneur addressed his tumultuous year in an emotional interview with The New York Times in August, in which he admitted he was experiencing the "most hard and painful year" of his career.

"I think I tried one once", said Musk, when asked if he had ever smoked a mix of weed and tobacco.

His brother Kimbal Musk told the newspaper that the reason Mr Musk "seems to attract drama" is because he is "so transparent, so open, in a way that can come back to bite him".

Related news:

Hot News

isis-killer-beheading-video-story-top Erdogan calls for Idlib ceasefire at Tehran summit
Sep 07, 2018 - 18:25
Putin's remarks on the situation in Syria tilted towards humanitarian aspects and the necessity to reconstruct the country. The meeting will focus on Iran's nuclear program and its meddling in the wars in Syria and Yemen.

isis-killer-beheading-video-story-top Apple's Upcoming 6.5-inch iPhone Reportedly Named 'iPhone XS Max' [u]
Sep 06, 2018 - 06:42
The invite could, however, be highlighting the venue that is the Apple Park campus that comes as a giant circular building. Regardless of where you live, the 6.1-inch LCD iPhone should cost the same as the iPhone 8 did when it launched.

isis-killer-beheading-video-story-top The Economist stands by decision to include Steve Bannon in event
Sep 06, 2018 - 06:29
It's obvious that no matter how tough the questioning, Bannon is not going to burst into tears and change his views of the world. Remnick said he had hoped to conduct a "rigorous interview", which would put pressure on Bannon's views.

isis-killer-beheading-video-story-top How to watch Jack Dorsey and Sheryl Sandberg testify to Congress live
Sep 06, 2018 - 06:24
During that hearing, it's likely Dorsey will face questions about - and push back against - accusations of political bias against Republicans.

isis-killer-beheading-video-story-top Kim Kardashian turns to another convicted felon’s case
Sep 06, 2018 - 04:43
TMZ first reported Kardashian's visit to the White House and said the prisoner is Chris Young (aka Soulja C) of Clarksville, Tennessee.

isis-killer-beheading-video-story-top Kavanaugh Questioned On Controversial Abortion Opinion
Sep 06, 2018 - 04:30
Republicans have declined to seek those papers, and instead have gathered documents from his work as White House counsel to Bush. On the issue of gun rights, Senator Feinstein pressed Mr Kavanaugh on his previous opposition to a ban on semi-automatic rifles.

isis-killer-beheading-video-story-top Amid 'bloodbath' fears, United States warns Assad against using chemical weapons
Sep 06, 2018 - 00:43
The United States warned Syria Tuesday it will respond "swiftly and appropriately" if it uses chemical weapons against its people. The Trump administration has twice launched airstrikes against Syria's government in response to the chemical weapons attacks.

isis-killer-beheading-video-story-top In Woodwards book, White House staffers call Trump unhinged & an idiot
Sep 05, 2018 - 23:22
Woodward told him that he made the request to at least a half-dozen people close to the president, and that it was never granted. CNN reports that Trump has now ordered his aides to figure out who might have been responsible for these leaks.

isis-killer-beheading-video-story-top Thomas Bjorn ready to choose Sergio García for Ryder Cup
Sep 05, 2018 - 19:44
Open victor Brooks Koepka and others who have staked a claim to follow Tiger Woods as golf's next big thing. The American will discover his Ryder Cup fate on Tuesday when Jim Furyk makes his captain's picks.

isis-killer-beheading-video-story-top Buhari, AU chair, others for China-Africa Summit
Sep 03, 2018 - 23:41
The president also said ECOWAS region accounts for some 30% of Africa's population and GDP. The Beijing forum brings together leaders from China and more than 50 African countries.

isis-killer-beheading-video-story-top Eagles to start QB Foles in Week 1
Sep 03, 2018 - 23:24
Including his three playoff wins last season, Foles is 14-8 in games he's started for the Eagles . When asked what words were put in his mouth, he tersely responded, "You saw the reports".

isis-killer-beheading-video-story-top Danny Rose expects to remain at Tottenham after surprise recall
Sep 02, 2018 - 19:46
When asked for his opinion on Spurs' failure to strengthen their squad this summer, he snapped: "It is not my problem". He moved to Tottenham in January and has been impressive under Mauricio Pochettino this season scoring three goals.

isis-killer-beheading-video-story-top Hurricane's death toll in Puerto Rico put at almost 3000
Sep 02, 2018 - 19:10
The government of Puerto Rico stopped publicly sharing its data on hurricane deaths in December 2017. Puerto Rico was hit by storms Maria, Irma and Philippe, and was narrowly missed by hurricane Jose.

isis-killer-beheading-video-story-top Burnley vs Manchester United, Premier League 2018-19
Sep 02, 2018 - 12:27
Fred has played in all three matches for United this season, which is in stark contrast to another signing, Diogo Dalot. I am the manager of one of the greatest clubs in the world but I am also one of the greatest managers in the world.

isis-killer-beheading-video-story-top Trump says 'no political necessity' to keep Canada in NAFTA
Sep 01, 2018 - 21:49
A spokesperson for the prime minister was asked for comment on the threats, but declined to address them directly. Canadian officials, speaking on background Saturday, said they were not going to respond to tweets.