Shares of the electric carmaker tumbled more than 6 percent on Friday to $263.24 (roughly Rs. 19,000), with investors on edge after a tumultuous August during which Musk proposed and then abruptly pulled the plug on a go-private deal.
Musk has recently drawn a lot of attention after saying in early August that he would take Tesla private, only to backtrack on that proposal two weeks later.
Morton's exit was revealed in a regulatory filing, in which he cited "the level of public attention placed on the company, as well as the pace within the company", as reasons for leaving after less than a month on the job.
Overall, Morton appears to have parted ways with Tesla amicably, stating that he still believes in the company's overall mission, as well as its future prospects.
Elon Musk sipped whiskey and smoked marijuana during a two-and-a-half-hour podcast with comedian Joe Rogan that touched upon everything from flame throwers and artificial intelligence to the end of the universe.
When The New York Times asked Musk if he was smoking when he made the tweet, Musk replied, "Weed is not helpful for productivity". "I don't actually notice any effect ..." What I'm saying is that when Musk is bad the tweets are good, and here are the best ones from today's well-deserved social media dogpile.
Last month, a highly fraught and emotional Musk told The New York Times that he didn't care much for smoking weed in response to questions about his tweet announcing intentions to take the vehicle company private at $420 per share. "You probably can't because of stockholders, right?"
In a Business Insider report published this week, employees inside the company described 70-hour workweeks, an "intense" environment, and a cult-like atmosphere that reveres both workaholism and Musk himself.
Tesla CEO Elon Musk appeared to smoke marijuana briefly on camera during a podcast appearance, fueling concern among critics who say his behavior is becoming increasingly concerning and erratic.
Musk also told Rogan that Tesla remains his focus, though he did ruminate aloud on a new idea to build an electric airplane that he thinks would be capable of taking off and landing vertically (VTOL), as Harrier jets do. While Musk deleted the original tweets, BBC News reports Musk appeared to renew the allegation in an August 28 tweet.
The turnover among top executives should concern investors who wanted more stability at Tesla, said John Wilson, head of research and corporate governance at Cornerstone Capital Group. The report, which was published by electric car-themed news site InsideEVs, estimated that the Tesla Model 3, Model S, and Model X, were the Top 3 electric cars in the USA in August.