Tesla stock falls as CEO appears to smoke marijuana on video

Musk told Rogan that he's not a regular weed smoker

Tesla Chief Executive Elon Musk was filmed smoking marijuana and wielding a sword on a webcast, just hours before the automaker said its recently-appointed accounting chief would leave, the latest in a string of unusual behaviour and executive departures that have stunned investors.

Toledano, who has been on leave of absence from the company, said she would not be returning to the company.

While the signal sent by the string of resignations was more concrete evidence of disfunction, Musk's decision to smoke pot on a live stream added fuel to swirling speculation that the executive's erratic behavior in recent months was influenced by drug use.

"Electric cars are important, solar energy is important, stationary storage of energy is important".

At one point, Musk and Rogan shared a spliff, though Musk said doesn't make a habit of smoking weed, which he called "a cup of coffee in reverse".

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Over the course of the interview the men discussed a variety of topics including: the future of humanity and artificial intelligence, Tesla, SpaceX, Musk's controversial merchandising decision to produce 20,0000 flamethrowers at $500 a pop, human kindness and love.

The drop comes the same day as the public announcement that chief accounting officer Dave Morton would resign.

"The team, the skill set that have been phenomenal to create Tesla are not the ones we need for the next stage", said Houchois, who has a US$360 price target on the stock.

Depending on your perspective, you may be a bit conflicted as you digest the Friday morning news surrounding Tesla Inc.

Musk talked in a New York Times interview last month about the stress that Tesla is putting on him personally as he works 120 hours a week, sleeping at the factory, cut off from family and friends.

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He continued, "As a result, this caused me to reconsider my future".

Musk stunned investors a month back with tweets saying he had funding to take the company private for $420 (A$589 ) per share.

Mr Musk later backed off from his privatisation plan, saying Tesla was better off as a public company. Tesla and its CEO are now also facing a litany of lawsuits claiming market manipulation, including one filed Thursday by Andrew Left, a prominent short seller and the founder of Citron Research.

Tesla's board of directors is on the lookout for senior talent but is not actively searching for a chief operating officer, a person familiar with the board's thinking told Bloomberg News in August.

Especially freakish moments involving the Tesla chief of late include disparaging remarks about Vernon Unsworth, a Briton who helped save boys trapped in a Thai cave and the abrupt shutdown of Wall Street analyst's questions during a contentious earnings conference call.

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In July he shocked investors by announcing on Twitter that he had funding secured to take his vehicle firm Tesla private.

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