Tesla shares sink as senior leaders exit company

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This streamlining could be because Musk told employees on Friday that Tesla's about to have the most wonderful quarter in history. The stock price has dropped almost 12 percent since the first of the year. (TSLA) crashed 30% through Friday since a tweet from its eccentric founder and Chief Executive Officer (CEO) Elon Musk in August indicating that he would take the firm private at $420 per share.

This is the Obsidian Black Tesla Model S.

"There's been concern about Elon Musk's erratic behavior", Osborne said.

Red lights are flashing on Wall Street about Tesla's ability to pay back a pile of debt.

There have been various other instances that have lost investors trust in the CEO, such as a tweet a few months ago that he's planning on taking Tesla private, and smoking weed recently on a podcast with Joe Rogan. If Tesla does build and deliver more than "twice" as many cars as it did last quarter, that means the company would hit something like 107,000 vehicles.

Which sentiment comes closer to matching the reality of Tesla's third-quarter performance will go a long way toward determining whether 2018 is viewed as a triumph over adversity or the result of hubris and poor decision-making.

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Tesla shares dive after two executives quit and Elon Musk cannabis interview
Not long after, it was also reported the company's human resources chief Gaby Toledano won't be returning from leave. Accounting chief David Morton reportedly resigned just a month after joining the company.

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This one is going to sting terribly for the next eight days until they take the field again next Monday night against Seattle. Toomer, a fifth-year player, was signed by the Packers was last week after being cut by the San Francisco 49ers.

Later on Friday, Tesla named a new president of automotive operations, promoting eight-year Tesla employee and former Daimler truck exec Jerome Guillen into the role overseeing all automotive operations and reporting to Musk.

Musk has always been very interactive with its audience via his podcasts and seminars but there was something unusual during his latest web appearance.

Shares came under renewed pressure last week amid senior personnel changes, and after CEO Elon Musk was filmed smoking marijuana during a live interview. The stock, however is a little higher in out-of-hours activity. Tesla Inc shares were trading at $285.34 per share on Monday afternoon, up $22.10 (+8.40%). Always one for panache, Musk loaded the rocket with a Tesla Roadster blasting David Bowie's Space Oddity - but believe it or not, that's just the tip of the iceberg as reported by Digital Trends.

The former employee said Musk's prediction that production and deliveries will more than double was realistic and one current employee said Musk's optimism was reflected among the employee's colleagues.

"We could raise money, but I think we don't need to, and I think it's better to just not", Mr. Musk said.

Per usual, analysts have plenty to say about the stock.

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