Elon Musk’s volatile behavior has often been attributed to the high levels of stress or sleepless nights he suffers while running six major companies, including big names like social media platform X, electric car maker Tesla, the company of artificial intelligence xAI and more. However, a recent report in the Wall Street Journal suggests that Musk’s behavior may also be due to his drug use, which could have serious consequences for his six companies and billions of dollars in assets.
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The report noted that Musk frequently used LSD, cocaine, ecstasy and psychedelic mushrooms at various private parties around the world, where attendees must sign a non-disclosure agreement and hand over their phones before entering. Notably, Musk famously smoked marijuana during an episode of Joe Rogan’s podcast in 2018, which drew criticism from NASA, which demanded written assurances from SpaceX that the company was complying with the federal Drug-Free Workplace Act.
The WSJ report notes that many Tesla board members have spoken among themselves about Musk’s drug use, but have not raised a formal concern that would be disclosed in official board agendas or meeting minutes. However, many Tesla directors, including current president Robyn Denholm, have reached out to Musk’s brother Kimbal Musk for help with Musk’s behavior without using the word “drugs.”
In addition, many on Tesla’s board believe that Musk was also under the influence of drugs when he tweeted about taking the electric car maker private in 2018. The tweet eventually led to an SEC investigation into the matter, which resulted in a $40 million fine and Musk’s resignation. as the president of Tesla.
One former Tesla director, Linda Johnson Rice, was so frustrated with Musk’s behavior and her concerns about the billionaire’s drug addiction that she did not seek re-election as a Tesla director in 2019, the WSJ reported.
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Published: 07 Jan 2024, 13:49 IST