Following Musk’s appearance on Rogan’s podcast, Tesla’s stock dropped 9%.
During a nearly three hour podcast taping with Joe Rogan, a man under investigation by the U.S. Securities and Exchange Commission performed the following actions: sipping whiskey, smoking weed, admiring authentic 16th century samurai swords, conceptualizing electric air travel, confessing his plans to revolutionize public transportation might not work, and otherwise gabbing to wherever his drunken, stoned mind took him.
That person is Elon Musk, which hopefully you could identify through the massive smoke cloud surrounding his visage. Mainstream publications and social media alike were aghast that Musk puffed from a joint mixed with tobacco that Rogan handed him. It’s worth noting the podcast taping, like virtually all Rogan podcasts, occurred in California.
“I’m not a regular smoker of weed,” Musk admitted.
Last month, Musk generated even more headlines over tweets he made about taking Tesla Inc. private. “Am considering taking Tesla private at $420. Funding secured,” he tweeted.
Musk later told the New York Times that the $420 figure was indeed a joke about the popular marijuana-related holiday. In the same interview, Musk explained that he wanted to offer a 20 percent premium for private investors from where the stock had been trading. The actual figure from his calculations was $419 and Musk couldn’t resist the opportunity. It was also strange, however, that Musk used the opportunity to badmouth marijuana as well.
“It seemed like better karma at $420 than at $419,” he said in the interview. “But I was not on weed, to be clear. Weed is not helpful for productivity. There’s a reason for the word ‘stoned.’ You just sit there like a stone on weed.”
Following Musk’s appearance on Rogan’s podcast, Tesla’s stock dropped 9% Friday morning. But the drop could also be explained by the announcement of two chief executives resigning as well.