Showing posts with label Stock. Show all posts
Showing posts with label Stock. Show all posts

Friday, September 7, 2018

Elon Musk Smokes a Blunt With Joe Rogan; Tesla Stock Plummets 9 Percent

And you thought that car he launched into space was high. Zing!


As you may already know, Elon Musk has endured quite a drubbing from the press in recent weeks.




It all started with an emotional New York Times interview in which the Tesla and Space-X CEO tearfully carried on about the pain of spending his 47th birthday alone.


From there, things got quickly became even more bizarre, as Musk was involved in a public feud with Azealia Banks that saw the rapper issuing allegations of drug use and erratic behavior.


(Banks later apologized for the accusations.)


Combine those PR debacles with Musk’s tweets about a plan to take his publicly-traded company private in what would have been the biggest buyout in history, and it’s not hard to see why Tesla stock isn’t exactly soaring at the moment.




Elon Smokes


Presumably, in an effort to begin the lengthy process of rebuilding his public image as wells as shareholders’ trust, Musk decided to make an appearance Joe Rogan’s podcast, which is like Oprah for people who experiment with DMT and spend a lot of time talking about their gains.


In all seriousness, Rogan’s podcast is one of the most popular on the planet, and no outlet that features thoughtful discussion of dense topics in a 3-4 hour format reaches a larger audience.


So it could have been a smart move for Musk, had he not decided to take the host — a proud advocate of the therapeutic and recreational benefits of mind-altering substances — up on his offer to spark a blunt and sip a little whiskey.



Now, even in the most conservative circles, attitudes toward cannabis use have never been more relaxed.


Prohibition of pot is glacially coming to an end, and all over the country, people are walking in on their college-aged kids or elderly parents smoking a joint and responding by calmly encouraging them to pass that.


But Musk’s case is a bit different than most.


The decision to light up with Rogan comes on the heels of accusations that Musk made the decision to take his company private (at $ 420 a share, tee-hee) while tripping on acid.



So we suppose it’s understandable that some of Tesla’s more traditional shareholders weren’t thrilled to see the company’s CEO burning one down in front of an audience of millions.


In fact, the price of Tesla shares has plummeted an astonishing 9 percent in the past 24 hours, with experts chalking the drop up to Musk’s latest behavior.


Tesla stock is now down 40 percent from the company’s 52-week … high (sorry).


Frankly, we don’t see what all the fuss is about.


Folks who were worried that Musk is on drugs should have had their minds put at ease by the fact that this man clearly has no experience smoking blunts.


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Saturday, August 18, 2018

NFL"s Kendall Wright Ordered to Pay $400,000 In Human Stock Exchange Case

Talk about return on investment … a judge has ordered Vikings WR Kendall Wright to pay nearly $ 400,000 to a company that sells stock in professional athletes. As we previously reported … Fantex, Inc. — a business that makes deals with athletes…


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Tuesday, February 20, 2018

Steve Wynn Sued By Shareholders who Claim Cover-Up Over Sexual Impropriety Tanked Stock

Steve Wynn has yet another legal problem … the shareholders of Wynn Resorts have just filed a class action lawsuit against the fallen mogul and other execs, claiming they covered up what they call Wynn’s “pattern of sexual misconduct.” According…


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President Trump Makes Move to Ban Bump Stock Devices Used in Vegas Shooting

President Trump’s doing something about gun control — he says he’s signed paperwork directing Jeff Sessions to get the ball rolling on banning “all devices that turn legal weapons into machine guns.” Trump says this process actually started…


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Wednesday, January 10, 2018

NFL"s Kendall Wright Sued By Human Stock Exchange Company

A company that sells stock in professional athletes claims Chicago Bears WR Kendall Wright is a bad investment … because he’s allegedly screwing the company out of a ton of cash.  Wright is being sued by Fantex, Inc. –  which has made…


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Wednesday, November 29, 2017

Katy Perry Asks Warren Buffett for Stock Market Advice

Katy Perry didn’t need to hear Warren Buffett’s roar … a whisper did just fine. Katy met Warren at his famous Berkshire Hathaway office in Nebraska. She definitely fangirl’d out, which totally makes sense. Tons of celebs make the…


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Friday, April 21, 2017

Wiz Khalifa"s Special Kush Back in Stock While Supplies Last! (PHOTO)

Wiz Khalifa’s got perfect timing — his Khalifa Kush is back just in time to salute his favorite holiday. The rapper’s indica-dominant hybrid strain is available only at RiverRock Cannabis in Denver, CO … and the joint’s director of operations,…


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Tuesday, April 11, 2017

United Airlines Stock Takes Big Dip After Passenger Dragged Out (PHOTO)

United Airlines is taking a nosedive on Wall Street — and could lose more than $ 800 million today — on the heels of David Dao getting bloodied and dragged off a United flight. United’s shares were down as much as 4% Tuesday morning, which — if it…


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Wednesday, April 5, 2017

Pepsi Stock Surged During Kendall Jenner Ad Scandal, Tanked After Apology (PHOTOS)

Kendall Jenner’s Pepsi ad fiasco had exactly the opposite effect you’d think on Wall Street … while Kendall and the company were under attack, the stock went up, but the mea culpa was a disaster. Check out the movement Wednesday from opening…


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Tuesday, March 28, 2017

UCLA Legend Sidney Wicks: U.K. Loss Won"t Hurt Lonzo Ball"s Draft Stock (VIDEO)

Sidney Wicks – a 3x National Champ at UCLA — says Lonzo Ball’s subpar performance against Kentucky should NOT affect his draft status as a lock top 3 pick. The Bruins legend says Ball’s stellar season — and not his 10-point performance…


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