Tesla's shares drop after execs resign, video of Musk smoking marijuana circulates

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Shares in Tesla crashed 6% on Friday as two senior executives quit, just hours after chief executive Elon Musk sparked concern by smoking cannabis on a live web show.

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.

Rogan asked Musk about The Boring Company, which Musk said started as a " joke", mostly borne out of his desperation to fix L.A.'s notoriously bad traffic problem. "As a result, this caused me to reconsider my future", Morton was quoted as saying in a company filing. The controversy is over Elon Musk taking a hit off an apparent marijuana-tobacco joint during a podcast interview that made its rounds on YouTube. He wants to take the concept to another level, however, with supersonic flight paired with vertical take-off and landing (VTOL) capabilities, though he cautioned that solar energy and electric cars are "much more important" for hastening the transition to sustainable energy.

Shares of the carmaker fell 1.4 percent in trading before US exchanges opened.

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Tesla has long faced frequent executive turnover as the company faces intense pressure to succeed.

Dave Arnold became senior director of global communications, taking over from Ms O'Brien, while Mr Morton's position as chief accounting officer, was left unfilled.

Morton didn't explicitly mention last month's buyout saga in his statement explaining his departure.

Tech tycoon Elon Musk sipped whiskey, smoked weed and suggested love is the answer to humanity's woes as he appeared on a two-hour podcast with comedian Joe Rogan.

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The billionaire this week labelled the cave diver a "child rapist" in a rambling email to reporters - prompting the Brit to reveal he is planning to sue Musk in three different countries.

Musk also announced a few title changes, including a promotion for Jerome Guillen, former vice president of sales and services, who has been named president of Tesla automotive and will report directly to Musk.

At one point, Musk and Rogan shared a spliff, though Musk said doesn't make a habit of smoking weed, which he called "a cup of coffee in reverse". "I don't find that it is very good for productivity".

Tesla was not immediately available for comment - but investors apparently weren't giddy over the Musk toke. But a lot of the "public attention" Tesla received during Morton's brief tenure was focused on the possibility of Tesla going private. The newspaper said two people familiar with the automaker's board expressed concern about his workload and use of the prescription sleeping drug Ambien.

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