Even before the announcement of Morton's departure, the company's shares were already seeing a slight decline in Friday's pre-market trading as reports of Elon Musk's behavior in a podcast with comedian Joe Rogan emerged. Rogan passes the joint to Musk, who also takes a sip of whiskey.
"I mean, it's legal, right?" inquired a hesitant Musk.
When Rogan aid "totally", Musk said "OK" and took a drag.
The interview lasted over two hours and saw the Tesla CEO speaking with Rogan about a range of subjects, including the dangers of artificial intelligence and the problems with discourse on social media platforms. The stock has plunged 31 percent since Musk floated the idea of taking the auto maker off the public market, lopping billions of dollars off the company's market value.
Musk queried as Rogan began to light up a blunt he had nearby.
Several Wall Street analysts renewed calls for the company to appoint another senior leader, either to replace Musk as chief executive or provide more support as the company strives to expand production and potentially raise more capital.
Shares of the company fell almost 9 percent - the most in two years.
"I don't think you would necessarily want to be me - you wouldn't like it that much", Musk told Rogan during the live-streamed podcast. While Musk was in California where recreational use of marijuana is legal, his antics certainly did not sit well with investors. They both giggled and Musk said, "That would be great". "Yeah I think I tried one once", replied Musk.
Musk first called the diver Unsworth a "pedo" in a July tweet - an unfounded claim against a man who was part of the global team that freed 12 young footballers and their coach from the Tham Luang cave complex.
"This caused me to reconsider my future", Morton said.
"Electric cars are important, solar energy is important, stationary storage of energy is important". Later, Tesla's eccentric CEO tweeted that he was negotiating the go-private deal with buyout firm Silver Lake, investment bank Goldman Sachs and several other firms, including the Saudi Arabian government.