‘I wasn’t on the grass’ – Elon Musk admits that stress is taking toll as he talks about the fateful tweet about Tesla

  • ‘I wasn’t on the grass’ – Elon Musk admits that stress is taking toll as he talks about the fateful tweet about Tesla
    Independent.t. E.
    Tech pioneer Elon Musk admitted that stress increases the pressure on him personally that he called “unbearable”.
    https://www.independent.ie/business/technology/i-was-not-on-weed-elon-musk-admits-stress-taking-toll-as-he-speaks-about-fateful-tweet-on-tesla-37226367.html
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Tech pioneer Elon Musk admitted that stress increases the pressure on him personally that he called “unbearable”.

New York times said the chief Executive of electric car manufacturer Tesla alternated between laughter and tears during an interview in which he said he works up to 120 hours a week and sometimes taking a sedative hypnotic, to sleep.

But he denied that “on the grass” when he posted the news of a potential $ 72 billion (£57 billion) buyout of a public company, the newspaper said.

“Last year was the most difficult and painful year of my career,” he said. “It was agony”.

Interviews offer a rare insight into his personal life, Mr. Musk and thinking. He stood on his Twitter account last week, saying he could take Tesla private and that he had secured funding to do so.

Asked if he regretted it, he said, “why me?”

Musk has a reputation as an eccentric dreamer, but it out of the blue announcement of a potential buyout has raised a huge noise and pushed Tesla shares up 11% a day, increasing the company’s value at $ 6 billion (£4.7 billion).

The shares later slipped, and then fell to 6% in early trading on Friday.

The wall Street Journal reported that Federal regulators have asked Tesla, how they rummage disclosure of potential foreclosures.

Signals that the regulators are investigating if Mr. Musk were true on Twitter about the fact that funding is allocated to the transaction, which according to analysts will require 25 billion to $ 50 billion (€20 billion to €40 billion).

He said in an interview that he wanted to offer about 20% more expensive compared to where shares were trading, which would be about $ 419. He decided to round up to $ 420 – number is a code for marijuana in the history of the counterculture.

“It seemed better Karma in $ 420, 419 than in U.S. dollars,” he said in an interview. “But I was not on the grass, to make it clear. Weed is not good for performance. There is a reason for the word ‘stoned’. You just sit there like a stone on the grass”.

New York times said that in response to the questions on the article about the interview, Tesla released a statement from its Board, but Mr. musk, who said: “we would like to make it clear that Elon’s commitment and dedication Tesla is obvious.”

In an interview, he said he was fired on Twitter when he went to the airport and his reference to ensuring the funding of these potential investments by the Fund of the government of Saudi Arabia.

Mr. Musk, 47, said he sometimes left the Tesla factory for three or four days in a row, and that it is not removed for more than a week at a time because he was sick with malaria in 2001.

His antics on social media raised eyebrows when he criticized analysts and falsely accused of the cave diver to be a pedophile after the man was skeptical at mini-submarines Mr. Musk sent to possibly help to save the young players from the submerged caves in Thailand. He later apologized for that remark.

The report cites sources as saying that Tesla was trying to find another Manager to help alleviate some of the pressure on Mr. Musk.

He said he did not intend to abandon his role as Chairman and chief Executive officer, but, what if there was someone who could do a better job, “they can have right now the reins”.

In a separate report, “wall Street Journal” said, securities regulators are trying to figure out if Tesla misled investors about the problems of production for its model 3 car.

The company could face sanctions if regulators find it misled investors about the production delays.

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