Tesla's chief accountant announced on Friday that he would resign after only one month at work, citing the frenetic pace of the electric car company.
The news of the departure of the accounting director Dave Morton increased the feeling of uncertainty that surrounded the company, which caused Tesla's shares to fall in the pre-market operations.
Before the shake-up, Chief Executive Elon Musk gave a strange interview on Thursday in which he was seen smoking marijuana in footage of Joe Rogan's podcast.
The Vice President of Communications, Sarah O & # 39; Brien, also leaves after two years in the company, being her last day on Friday. O & # 39; Brien had been on leave.
The final day of the HR manager, Gabrielle (Gaby) Toledano with Tesla, is also Friday, also after being absent last month, reported Bloomberg News.
Meanwhile, stocks plummeted to nine percent on Friday morning, erasing $ 4.3 billion of the company's value, before recovering slightly to a 6.3 percent decline and a $ 3.1 billion drop for the company. end of the day.
Tesla's accounting director, Dave Morton (pictured), announced on Friday he would resign after only one month at work, citing the frenetic pace of the electric car company and "the level of public attention paid to the company".
Morton gave notice on Tuesday that he was resigning, according to a presentation on Friday.
"Since I joined Tesla on August 6, the level of public attention given to the company, as well as the pace within the company, have exceeded my expectations," Morton said at the presentation of securities.
"As a result, this led me to reconsider my future, I want to make it clear that I firmly believe in Tesla, its mission and future prospects, and I have no disagreement with Tesla's leadership or financial reporting."
The total decrease in the initial nine percent share that followed Morton's announcement brought Tesla's value from $ 47.5 billion to $ 44.4 billion on Friday morning.
Tesla's shares fell one percent after Musk's appearance on Rogan's podcast on Thursday, but then dropped another seven percent in the half hour after Morton's resignation was announced.
The full experience: Elon Musk, founder of Tesla, was seen smoking a joint in Joe Rogan's podcast recording studio, hours before the stock price fell by nine percent.
Vice President of Communications Sarah O & # 39; Brien (right) also leaves after two years at Tesla after coming from Apple in 2016, with her last day on Friday
Tesla's stock prices fell nine percent on Friday morning before a slight rebound, resting at least temporarily by falling a little less than seven percent at 1 pm ET on Friday
Stock prices hit bottom by falling nine percent on Friday morning before a slight rebound, resting at least temporarily down a little less than seven percent at 1 pm ET on Friday.
The company ended with a decrease of 6.3 percent, with $ 3.1 billion of its total value at the end of Friday's day.
Tesla has already been under great scrutiny since Musk's chaotic announcement on Aug. 7 on Twitter that he was considering taking Tesla in private, a plan that reversed two weeks later.
The unfortunate effort has prompted a US securities investigation and a class action lawsuit alleging that Musk was trying to punish investors who bet against the company.
In an interview with comedian Rogan on Thursday, Musk drank whiskey and tasted a cigarette of marijuana and tobacco offered by the comedian while reflecting on artificial intelligence and colonization of space.
Towards the end of the podcast, Rogan lit a "cigar" with tobacco and marijuana, a drug that is legal in the state of California, and offered it to Musk.
Blow: Musk clarified that the drug is legal and took a puff before returning it
During the podcast, the couple discussed everything from kindness to artificial intelligence, but also Musk's electric car company, Tesla.
"You probably can not do this because of the shareholders, right?" Rogan asks Musk.
Musk, who earlier joked that mushrooms – a harmless mushroom and a psychedelic drug – are "delicious", clarified that the drug is legal and was seen giving a blow to the joint before returning it.
& # 39; I'm not a regular grass smoker. Almost never, "he told Rogan.
I really do not notice any effect. I know that a lot of people like grass, and that's fine, however, I do not think it's very good for productivity. "
The appearance was the latest unorthodox movement of Musk, who has often surprised investors with a reckless and unpredictable behavior, as Tesla has tried to meet the high manufacturing targets of its model 3 electric car.
Musk called Vernon Unsworth (pictured) a pedophile after the British diver criticized Tesla's submarine CEOs
Earlier this week, Musk also accused a British diver who helped rescue the 12 Thai children trapped in a cave from being a pedophile.
Musk suggested in emails to a BuzzFeed reporter that diver Vernon Unsworth was a "child rapist."
Musk also claimed, without providing any evidence, that Unsworth had moved to northern Thailand to take 'a girl girlfriend who was approximately 12 years old at that time. & # 39;
The attacks by Tesla CEO Unsworth, whose efforts were deemed crucial to the Thai operation, came after the British diver criticized a well-publicized effort by Musk to provide a tailor-made mini-submarine for the cave rescue effort. .
Musk responded on Twitter with comments that implied that the Brit was a pedophile.
Then he apologized for this, before repeating the claims this week.
Regarding the departure of O & # 39; Brien from the vice president of communications, Tesla said in a statement issued on August 25 that the move had been planned for at least "a couple of months".
"We would like to thank Sarah for all her contributions to Tesla and we wish her well," a Tesla spokesman told Bloomberg News in a statement sent by email.
"Sarah's transition has been underway for a couple of months and Dave Arnold, the Director of Global Communications at Tesla, will assume his responsibilities."
According to reports, O & # 39; Brien made the call to move forward before Musk tweeted about taking the company privately with investors from Saudi Arabia on August 7.
None of the outgoing executives has publicly announced their next moves at this time.
O & # 39; Brien joined the Apple company in 2016. Toledano joined Tesla in May 2017 as chief of staff.
MUSK IMPROVEMENTS: THE BEST BILLIONAIRE QUOTES FROM JOE ROGAN EXPERIENCE PODCAST
On why he comes up with innovations and manages his companies:
Musk: & # 39; I'm an alien!
In social networks:
Musk: Be kinder to each other. Do not assume that someone is bad. It's easy to demonize people & # 39;
Musk: "It's much easier to be bad on social networks than to be bad in person."
Musk: & # 39; In the balance [my Twitter interactions are] rather than bad, but there is definitely something wrong. "
Rogan: What could potentially be the holding of the company [Tesla] back? Anything that you would change
Musk: "I wish the politicians were better at science, that would help a lot. [politicians] They are pretty good for science in China, I have to say. "
To stop the use of Huawei phones due to the risk of China spying on US citizens:
Musk: & # 39; If you have secret things, you should be careful with the hardware you use, but most people do not have secrets. Nobody really cares what porn you see! Nobody really cares. National spy agencies do not give rats a ** what porn you look at, they do not care. & # 39;
Rogan: You know what could help, mushrooms.
Musk: & # 39; They are delicious. & # 39;
Rogan: What keeps you awake at night? & # 39;
Musk: "It's quite difficult to run the companies, especially car companies." It's quite challenging Space X is not a walk in the park, but a car company, it's very difficult to keep a car company alive.
"You know, there are only two auto companies in the history of American car companies that have not gone bankrupt, and that's Ford and Tesla, that's it, we just barely survived. & # 39;
Rogan: How close were you to turn?
Musk: & # 39; Very close. 2008 is not a good time to be an automotive company, especially an electric car company, which was like square stupidity. & # 39;
After inhaling the joint that Rogan gave him:
Musk: & # 39; Receive text messages from friends asking me & # 39; What the hell are you doing smoking grass? & # 39;
& # 39; I'm not a regular grass smoker. Hardly ever. I really do not notice any effect. I know that a lot of people like grass, and that's fine, however, I do not think it's very good for productivity. "
"It's like a cup of coffee in reverse." I like to do things. I like to be useful. "
Musk: "You're already a cyborg, and most people do not even realize. [in your hand] it is an extension of yourself. "
Rogan: "I do not know how you manage your time, does not it seem humanly possible?"
Musk: I think people do not fully understand what I do with my time, they think I'm like a businessman, I think even my Wikipedia page says he's a business magnate. "
Rogan: What would you call yourself?
Musk: & # 39; A business magnet & # 39;
Discussing the possibility that we are living in an alternative reality and a "multiverse."
Musk: "If you assume any degree of improvement, the games will be indistinguishable from reality, or the civilization will end." One of those two things will happen.
"Therefore, we are probably in a simulation, because we exist.
"I think that most likely it's about probability, there are many simulations."
"You could also call them reality, or you could call them multiverses."