Internet freaks out over Elon Musk smoking a blunt on the podcast of Joe Rogan

There’s been a lot of buzz about Tesla’s CEO Elon Musk recently, largely because he smoked a blunt on the Joe Rogan Experience podcast using the titular host on Thursday night.

But why has a casual toke blown up the net?

Well, the very next day, Tesla stocks tumbled to its lowest point in nearly a year, but it probably wasn’t all because of Elon Musk’s cannabis use- although the media is sure making it look like it.

Tesla also had some high profile C-suite resignations on Friday- Chief People Officer Gabrielle Toledano and Chief Accounting Officer Dave Morton– but of course Elon Musk’s cannabis use dominated the headlines, and often not in a good manner with some information outlets questioning Elon’s mental health for the sheer audacity of smoking a joint on a live broadcast.

Oh no, the horror!

The toke seen around the world is already being added to the list of Elon’s recent erratic behavior . This is a textbook illustration of this cannabis stigma that still exists in the mainstream and it’s telling that in an almost 3-hour long interview where Elon Musk discusses AI and the nature of the world while at the same time brandishing a samurai sword and drinking whiskey- smoking some cannabis is what’s got everybody freaking out.

Not to mention that recreational cannabis is legal in California in which the podcast was filmed, it looks like Elon Musk didn’t even inhale. Maybe his smoking strategy was learned by him ?

quote-i-experimented-with-marijuana-a-time-or-two-and-i-didn-t-like-it-and-i-didn-t-inhale-bill-clinton-304580

Check it out for yourself in the video below. It’s timestamped into the moment host Joe Rogan says and sparks up that Elon Musk “rsquo & likely can;t [smoke] because of stockholders? ” but after being assured that cannabis is legal (which it is in California in which the podcast was filmed) Elon catches that blunts and takes a toke.

Since Joe Rogan goes on to extol the benefits of mixing cannabis and tobacco, Elon Musk mentions “alcohol is a drug but it’s been grandfathered in” that is a very salient point that most of the media reporting missed.

But investors are incredibly risk-averse, and cannabis is still seen as not normal in many circles- despite cannabis businesses being listed on various stock exchanges, they can still face many hurdles when it comes to finding insurance companies and banks willing to do business together – and the fall in Tesla’s inventory indicates some of the dangers of having high profile Celebrity billionaire CEO’s like Elon Musk.

But either way you can’t argue that he gets a lot of attention- some of it good, some of it bad.

Some are even saying he might get into trouble because of his cannabis use- if he was representing the business during the interview that would put him in contravention of Tesla’s workplace drug policies and the US Air Force could be looking into revoking his security clearance for SpaceX since cannabis use is illegal in the military and for those with government clearances due to federal law.

But now, the security clearance issue could be all smoke and no fire as a US Air Force spokesperson told CNBC on Friday:

we’ll need time to determine the facts and the appropriate process to handle the circumstance. ”

That is more of a non-answer than anything that acknowledges that the Air Force is aware of the incident and may or may not do anything about it.

Like most sane people, Elon Musk doesn’t appear to think smoking cannabis is that big of a deal as he tweeted the link to his Joe Rogan interview early Friday morning and having a laugh at being referred to as a “company magnet” instead of “magnate”.

Featured picture courtesy of Sky News.

Sources

Vox: Elon Musk’s week of pot smoking and crazy emails, explained.

Released at Sun, 09 Sep 2018 00:16:35 +0000

Posted in: Investing

Comments are closed.