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Tesla In Turmoil: Executives Bail And Stock Plunges

Tesla In Turmoil: Executives Bail And Stock Plunges

Musk stunned investors last month with tweets saying he had funding to take the company private for $420 (£323) a share.

That followed a twitter storm overnight about Musk smoking marijuana and drinking whisky in a 2-1/2-hour live web show with comedian Joe Rogan. "These things are much more important than creating electric supersonic VTOL", he said.

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.

About two hours into the podcast, which can be seen on YouTube, Musk inhales from what the host says is a combined marijuana-tobacco joint, which Rogan notes is legal.

What is the UEFA Nations League and how does it work?
The creation of the competition stems from the desire to replace meaningless friendly matches with more competitive games . In March 2020, each Nations League tier will have a four-team playoff bracket with the victor advancing to Euro 2020 .

Rogan asks if he wants some, but adds that Musk probably can't because of stockholders, nearly daring him.

Earnest supporters who believe in his ideas have called Elon Musk the "real life Tony Stark", but they may want to rethink their lionization after the 47-year-old celebrity billionaire smoked a blunt with Rogan on Thursday.

That apology appeared to be disingenuous, however, because on Wednesday, Musk repeated his earlier allegations in an interview with BuzzFeed News. Shares of the carmaker fell 1.4 percent in trading before USA exchanges opened. Neuralink may have something interesting to announce in a few months, Musk told Rogan.

Elon Musk took a drag on a joint during his interview with former UFC commentator Joe Rogan.

First photos of Brie Larson as Captain Marvel released
One of the pictures (below) shows the green-skinned alien Skrull race on a beach, including Ben Mendelsohn as their leader Talos. In the comics, Maria Rambeau (Lynch) has been a Captain Marvel herself.

Shares of Tesla fell 1.3% in trading before the bell.

In an email to employees, CEO Elon Musk said Toledano was on leave to "spend more time with her family and has made a decision to continue doing so for personal reasons". Morton's term of service happened to be a particularly unfortunate month, beginning just the day before Musk announced the stock privatization plan that fizzled out.

"Evidence is becoming more clear that Tesla needs to entertain a major change in the C-suite", Albertine wrote in a report.

Even before Musk's surprise August 7 tweet that he had funding "secured" for a go-private deal, Tesla had been under scrutiny from investors, analysts and short-sellers as it works to hit production targets and slow its cash burn. Musk may have even violated Tesla company policy, according to CNBC.

North Korea recommits to denuclearisation of Korean peninsula
US officials have previously said they have already made concessions, such as halting joint military exercises with South Korea. South Korean presidential spokesman Kim Eui-kyeom says South Korea has Kim's message and will forward it to the United States.

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


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