WSJ: Elon Musk's drug use worries investors in his companies and could affect business
Musk is jeopardizing the assets of his companies' investors, which total about $1 trillion
Members of the supervisory boards of directors of the world's largest companies are concerned about Elon Musk's substance abuse.
Source. The Wall Street Journal writes about it.
The article cites testimonies of people who observed Musk using psychedelic mushrooms, cocaine, ecstasy, and LSD at parties held in different countries. People close to the billionaire say that he is a ketamine addict.
Alex Spiro, the businessman's lawyer, said in response to a WSJ inquiry that his client "regularly and selectively" undergoes drug tests and "has never failed." The billionaire himself did not comment on the article.
The main problem in this situation is that Musk is jeopardizing the assets of his companies' investors, whose total value is about $1 trillion.
For example, after the billionaire smoked marijuana on Joe Rogan's podcast in 2018, NASA demanded proof that SpaceX does not use drugs in the workplace.
After that, Musk had to undergo tests for a year, as mentioned by his lawyer.
In addition, the use of psychoactive substances is prohibited under Tesla and SpaceX policies.
According to the WSJ, the problem of the billionaire's extravagant behavior has been repeatedly discussed by some Tesla directors. However, it is emphasized that there is no consensus that it is caused by drug use.
It was also reported that in mid-December, the European Commission launched an official investigation into the activities of the social network X (Twitter), owned by Elon Musk. The company was accused of violating EU law in the areas of disinformation, illegal content, and transparency.
Background. Meanwhile, it has become known that Tesla will not remain the world leader in the production of electric vehicles in 2024 – it may lose its leadership to China's BYD.
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