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. Gabrielle Toledano, vice president of human resources, announced that she would not be returning after her leave of absence.
Musk told The Guardian in response to a question about whether Tesla drug-tests employees that "our policy allows trace amounts of THC [an ingredient of cannabis] during work times, provided they are below the safety limit (much like a minimum alcohol level)". In May, two executives, a VP and a product director departed Tesla's energy unit. Musk brazenly declared that he had funding in the neighborhood of $50 billion Dollars from unnamed sources secured and ready to take the company private.
Tesla shares plummeted Friday after two executives announced their departures from the company and video of Elon Musk smoking weed and drinking whiskey on a popular podcast began to circulate on social media.
Elon Musk should invent something that keeps his mouth shut.
The negative press Musk has received since his tweet last month about potentially taking the company private likely has some investors concerned about the executive's responsibilities.
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In an interview with The New York Times, Musk denied the allegations.
Shares came under pressure at the opening following the Musk online interview and news that chief accounting officer Dave Morton was leaving only a month on the job, citing the company's frenetic pace.
Shortly after smoking the joint - which the host noted was legal in California - Mr Musk looked at his phone and laughed, saying he was getting texts from friends asking why he was smoking weed during the interview.
Disclosure: I have no ownership in shares of TSLA and have no plans to initiate any positions within 72 hours.
In July, Musk raised eyebrows when he accused British diver Vern Unsworth - who aided in the rescue of 12 boys and their coach in Thailand cave this summer - of being a "pedo" or pedophile in a tweet.
The tech entrepreneur continued by assuring viewers that he is "not a regular smoker of weed", since it's not "very good for productivity". The newspaper said two people familiar with the automaker's board expressed concern about his workload and use of the prescription sleeping drug Ambien.