Tesla shares crashed 8% on Friday as two of its senior executives quit, just hours after the electric carmaker’s chief executive Elon Musk sparked concern by smoking cannabis on a live web show.
The Tesla founder acknowledged that the past year has been the “most difficult and painful” time in his career – but what brought him there?
The entrepreneur has responded to negative headlines by lashing out at the news media and individual journalists.
Tesla’s stock sank over $15 on Thursday following its earnings report. Jim Cramer, who is known for being bombastic and borderline ridiculous, dropped another bomb when he said that you have to be on drugs to understand Tesla and its high-flown forecasts.
But perhaps the reverse is true: Perhaps you must be on mind altering drugs to listen to Jim Cramer.