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

Tesla Model X 100d 2

Elon Musk Says He Isn't Sleeping and Hasn't Taken Off More Than a Week Since 2001. But He Just Can't Stop

The billionaire entrepreneur dismissed speculation that the Tesla stock price he quoted in the tweet - $420 - was a hint that he was smoking pot.

Musk remains confident in his ability to lead the electric auto company.

Musk stood by his tweet last week saying he might take Tesla private.

It's not merely that claims to be working insane hours: 120 hours per week recently.

A choked up Elon Musk has described 2018 as the most painful and excruciating year of his career. "They can have the job", Musk was quoted as saying.

As he explained in the interview, Musk was en route to an airport when he announced on Twitter that he was considering making Tesla a private company once more. According to The Journal's reporting, the securities regulator is probing whether the Tesla misled investors about the Model 3's production status.

'Storm Ernesto' looks set to hit Ireland this weekend
The remnants of the storm will hit Connacht around 6pm on Saturday night and will reach the east coast by around midnight. London could see highs of around 24C this weekend, but Glasgow will be considerably cooler, with highs of around 15C.

Musk said while he's committed to being Tesla's chairman and CEO, he asked the interviewers if they have anyone that could do a better job to "please let me know".

If delisted, Tesla could operate without requirements for financial reports and other pressures of a publicly traded firm.

"There have been many false and irresponsible rumors in the press about the discussions of the Tesla Board", Tesla said in a statement.

The matter stems in part from Musk's suggestion on Twitter that he had "funding secured" for a privatization deal and that shareholders could perhaps unload their shares for $US420 each, a roughly 20% premium over Tesla's stock price at the time. After the Saudi fund has bought nearly 5% of Tesla stock through the public markets, Musk revisited the offer.

The U.S. Securities and Exchange Commission is reportedly investigating whether Musk's August 7 "Funding secured" tweet violated securities law.

It's clear from the interview that Musk is overworked, and Whiston said the best course may be to bring in another executive to help with day-to-day operations. "They can have the reins right now".

Former cricket legend Imran Khan confirmed as new Pakistan Prime Minister
Pakistan Tehreek-e-Insaaf, or PTI, has been in the fringes of Pakistan's politics for most of the 20 years of its existence. The nine-year marriage was ended as Jemima couldn't adapt to her life in Pakistan.

Musk said in the interview he now needs Ambien to sleep, but board members are concerned that the drug isn't having the intended effect for Musk , the Times reported citing an unnamed source.

CEO Elon Musk has been the focus of derision and criticism most recently from investors, Wall Street, analysts, and the press for his "funding secured" tweet stating he meant to take Tesla private. But Musk's interview with the Times made it sound as if he was being pushed to the limit.

Since then, Musk has offered follow-up explanations for the way he handled things, including an admission that he had seen his remarks as a good-faith effort to be transparent with his company's stakeholders.

In an hourlong sit-down with the newspaper, Musk also detailed his frequent use of the sleep-aid Ambien - a drug he's discussed using before, and whose well-known side effects include sleepwalking.

He claimed the DEA said a Tesla employee may have been selling cocaine and crystal methamphetamine inside of its Nevada factory on behalf of a Mexican drug cartel. "There were times when I didn't leave the factory for three or four days - days when I didn't go outside", he tells reporters over an hour long call.

Referring to the short-sellers, he added: 'They're not dumb guys, but they're not super smart.

Dozens Overdose In Connecticut Park On Tainted Synthetic Marijuana
Most of the people who overdosed Wednesday in New Haven were lower-income or homeless, Hartman told WTNH. The AP reports, "Paramedics and police officers remained at the park all day as more people fell ill.

Latest News