Elon Musk Drug Use Concerns: Impact on Tesla, SpaceX, and Beyond: WSJ Report

A recent Wall Street Journal report has ignited a firestorm around Elon Musk's alleged drug use and its potential impact on his companies, Tesla (TSLA) and SpaceX.

Jan 8, 2024 - 13:12
Jan 8, 2024 - 13:12
 125
Elon Musk Drug Use Concerns: Impact on Tesla, SpaceX, and Beyond: WSJ Report
Elon Musk Drug Use Concerns: Impact on Tesla, SpaceX

A recent report from the Wall Street Journal claims that Elon Musk's use of drugs has caused concerns among board members and executives in his companies. Musk, who insists on undergoing random drug tests by NASA, has been in the spotlight due to controversial statements and actions, impacting Tesla (TSLA) and SpaceX. Craig Irwin, Senior Research Analyst at ROTH MKM, joins Yahoo Finance to discuss the Wall Street Journal's report and Musk's influence on the industries.

Irwin shares his thoughts on the report, saying, "I've heard about this for years within government circles. I first talked about it over five years ago with someone relevant. It feels like an attempt to tarnish Musk's reputation. The big question is, 'Why now?' It's puzzling, especially with Tesla doing well and SpaceX excelling. There are real risks to talk about that have nothing to do with Elon's personal choices."

The controversy surrounding Elon Musk's alleged drug use is far from settled. As more information comes to light, the public will likely continue to grapple with the complex issues it raises. One thing is certain: this story is far from over, and its ramifications will be felt for some time to come.

Also Read: EU Launches Formal Investigation into Elon Musk's X, Formerly Twitter Content Moderation Practices

iShook Opinion Curated by iShook Opinion and guided by Founder and CEO Beni E Rachmanov. Dive into valuable financial insights at ishookfinance.com for expert articles and latest news on finance.