Elon Musk: This Has Been The Most Painful Year Of My Career

Elon Musk: This Has Been The Most Painful Year Of My Career

A very telling moment in the interview came when Musk denied there is an active search to find a second-in-command to take on some of his day-to-day responsibilities, contrary to other reporting. Musk later explained that his claim was based on repeated and ongoing conversations with the Saudis and tweeted the names of financial and legal advisors he said he was working with on the proposal to take Tesla private.

Elon Musk's confession that the past year of his professional life has been "excruciating" and that stress over his business hadcaused his health to deteriorate has wiped billions off the value of Tesla, the electric auto company he founded.

Musk added he had agreed not to tweet again about taking the firm private unless he had discussed it with the board. It claims the board is aware that he uses "recreational drugs" and Musk himself admits to frequently relying on Ambien to sleep.

'This has really come at the expense of seeing my kids. His 47th birthday on June 23 was spent holed up for 24 hours in the Tesla battery plant - dubbed the Gigafactory. The interview comes after the Securities and Exchange Commission launched a federal investigation against Musk and Tesla because of a post on Twitter. And some board members have expressed concern not only about Musk's workload but also about his use of Ambien for sleep, two people familiar with the board said.

Musk's admissions come at a tumultuous time for Tesla, but the CEO predicted that the pain isn't quite over yet.

The news Friday was nearly all Tesla, all the time.

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"There were times when I didn't leave the factory for three or four days - days when I didn't go outside", he said. The fourth straight day of declines has wiped out Tesla's year-to-date gains and pushed the shares down 14 per cent this week.

Most of the company's board members have ties and relationships with Musk, but Elson and Gordon say they also have a fiduciary duty to all the other shareholders. He said that he believed his tweet was an attempt at transparency and he did not have anyone else look at or review it before it posted. On Thursday, the Wall Street Journal reported that the SEC is looking into whether Musk tweeted about taking Tesla private to hurt those who were shorting the company's stock.

"It was excruciating", he said, of the past 12 months, in which he berated analysts for asking "boneheaded" questions at an earnings conference call, and accused a British diver who helped rescue a Thai football team trapped underground of being a paedophile. "They can have the job", Musk was quoted as saying.

"Everyone is reacting to the interview that Musk gave, where it seemed like he was an exhausted, frustrated individual", said Tim Ghriskey, chief investment strategist at Inverness Counsel, which does not own Tesla shares. "Weed is not helpful for productivity", he told the Times. He rounded up. "I was not on weed, to be clear", he said. "They can have the reins right now", stated Musk. But last week, Musk was sued by investors, who claimed his tweets were misleading and were created to "completely decimate" short-sellers, people who bet that Tesla's shares will lose value.

'Is there someone who can do the job better?

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