Wed. May 1st, 2024

The Wall Avenue Journal reported executives throughout Elon Musk’s firms fear about his drug use.

A former Tesla director did not search reelection to the corporate’s board as a consequence of his drug use, per The Journal.

The outlet reported Tesla board members had been involved Musk was on medication when he made his “funding secured” tweet.

A former director at Tesla was so involved about Elon Musk’s drug use and unpredictable conduct that she selected to not stand for reelection to the electrical automotive firm’s board, in line with a brand new report from The Wall Avenue Journal.

Linda Johnson Rice, who served a two-year time period on the corporate’s board ending in 2019, confided in Tesla board members on multiple event about her worries associated to his substance use, The Journal reported.

Rice additionally informally requested if the board ought to examine Musk’s drug use — which incorporates ketamine, LSD, cocaine, and ecstasy, in line with individuals conversant in the matter — however her issues had been ignored, per the outlet.

The in depth report from The Journal particulars how executives throughout Musk’s firms have grappled with methods to handle his drug use and erratic public appearances and statements.

At Tesla, some present administrators have sought out assist from Musk’s brother, Kimbal, over his conduct, however The Journal reported they’ve been cautious to not use the phrase “medication” when relaying their issues.

In accordance with the outlet, others have speculated the billionaire businessman was beneath the affect when he tweeted in 2018 that he had “funding secured” to take the automotive firm non-public at $420 a share. The tweet, which shot Tesla shares up 6% the next day, triggered an SEC investigation that resulted in $40 million value of fines in opposition to Musk — although he didn’t admit wrongdoing.

Musk, who instructed biographer Walter Isaacson that he “actually” would not like taking unlawful medication, has additionally instructed individuals he microdoses ketamine, has been seen utilizing the drug recreationally, and publicly said that, taken often, ketamine “is a greater choice” than treating melancholy with SSRIs. He additionally famously smoked weed with Joe Rogan whereas filming an episode of Rogan’s podcast, prompting NASA to launch a security evaluate of SpaceX that Musk has stated resulted in the entire of the corporate needing to take drug checks for a yr.

Representatives for Musk didn’t instantly reply to a request for remark from Enterprise Insider, however an lawyer for the world’s richest man instructed The Journal that Musk is “recurrently and randomly drug examined at SpaceX and has by no means failed a check.”

Learn the unique article on Enterprise Insider

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