Elon Musk smokes weed in California-based podcast appearance

Joint enterprise Elon Musk shares marijuana with Joe Rogan as pair talk AI & flamethrowers

Tesla stock prices dipped more than 9.8%, near $253.75 during Friday (September 7) morning trading.

"I mean it's legal, right?", Musk responded, as he accepted the joint and took a puff.

Tesla is under extreme pressure to turn a sustained net profit starting this quarter, as promised by Mr Musk, but in the second quarter it burned through $739.5 million (€648m) in cash and lost a quarterly record $717.5 million (€620m).

Chief Accounting Officer Dave Morton resigned after just one month in the job because of discomfort with the attention on the company and pace of work during that time, Tesla said in a filing on Friday. Morton, who left his role as Seagate (STX)'s CFO to join Tesla, was not flustered by the tweet and met with Musk to go over various details that would make a take-private hard.

One of Wall Street's prominent short sellers, Andrew Left, has filed a class-action lawsuit, accusing electric auto maker Tesla and its CEO Elon Musk of trying to "burn" investors with "objectively false tweets".

Tesla and SpaceX CEO Elon Musk smoked weed during a podcast interview with comedian Joe Rogan on late Thursday.

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When The New York Times asked Musk if he was smoking when he made the tweet, Musk replied, "Weed is not helpful for productivity".

Mr Morton said: "Since I joined Tesla on August 6, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations", according to a company filing with the US Securities and Exchange Commission. Later Musk says he doesn't notice any effect from the joint, which he claims he rarely smokes. "This caused me to reconsider my future".

Morton, who is walking away from a $350,000 base salary and a $10 million new-hire stock grant that would vest over four years, said he believed "strongly" in Tesla and that he had no disagreements with the company's leadership or its financial reporting.

"After two weeks or so at the company, Morton concluded he wasn't being heard or understood", according to the CNBC story, which quoted an anonymous source close to Morton.

Soon after, Musk changed his mind and said he decided the company would remain public.

The Palo Alto, California-based company said its chief financial officer and its corporate controller will oversee accounting functions.

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