Why Tesla Stock Was Hit Hard Friday

Tesla chief Elon Musk smokes marijuana on live web show

The turmoil at Tesla reached a fever pitch, as the news that two senior executives are leaving Elon Musk's electric-car maker emerged just hours after he smoked marijuana during an hours-long interview streamed live online.

"As a result, this caused me to reconsider my future". He added that he still believed in Tesla, that "I have no disagreements with Tesla's leadership or its financial reporting". Shortly after his announcement, Bloomberg reported that Tesla's chief people officer, Gabrielle Toledano, would not return to the company after a leave of absence.

Following Musk's interview with Rogan, as well as the recent resignation of a chief accounting officer, Tesla stock dropped 9 percent.

The departures came after CEO Elon Musk gave a wide-ranging, almost three-hour interview to podcast host Joe Rogan and addressed topics ranging from his job at Tesla to the the end of the world. While Musk said he was "not a regular smoker of weed", he took a drag from what Rogan said was as a joint containing tobacco mixed with marijuana, which is legal in California. But Musk also said this isn't really a priority, and he also dismissed the concept of a flying vehicle as impractical.

Musk said he had come up with preliminary designs for a supersonic, electric plane that would take off and land vertically. But Tesla has said that the departures are at a rate typical of any large company.

Even before the announcement of Morton's departure, the company's shares were already seeing a slight decline in Friday's pre-market trading as reports of Elon Musk's behavior in a podcast with comedian Joe Rogan emerged.

I have never been as obsessed with Elon Musk as many are in the tech sector.

Tesla did not immediately respond to ABC News' request for comment.

On Friday morning, Tesla's Chief Accounting Officer Dave Morton made his resignation from the company public.

In a wide ranging interview published on Thursday night, Tesla CEO Elon Musk said he has big ideas for an electric plane. What I'm saying is that when Musk is bad the tweets are good, and here are the best ones from today's well-deserved social media dogpile.

It's not clear whether the reshuffling of executives goes quite that far, but it does address a vacuum that had been developing at the top of the company as several top executives have recently left.

Shortly after Rogan lights the blunt, Musk asks "So is that a joint?"

Earlier this week, he escalated his attacks on Vernon Unsworth, the British cave diver he accused of being a paedophile, calling him a "child rapist" in an email to a Buzzfeed reporter. "Although the majority of shareholders I spoke to said they would remain with Tesla if we went private, the sentiment, in a nutshell, was 'please don't do this'".

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