“For a moment, it looked as if Elon Musk and Tesla had put a summer of turbulence behind them. The moment was very brief.
“Two weeks after the collapse of a plan to buy out the company’s public shareholders, the electric-car maker has again been plunged into turmoil.
“Its chief accounting officer suddenly resigned — after a month on the job — and Mr. Musk, its chief executive, appeared on a late-night webcast taking a deep drag on what his interviewer said was marijuana.
“The developments, which brought new scrutiny of Mr. Musk’s behavior and managerial fitness, rattled investors who have lately endured many challenges to their faith.
“Tesla shares ended the day off 6 percent and are at their lowest level since April. But while the decline was sharp, it was not sudden.”
Read more at New York Times
