Elon Musk Gets High, While Tesla Stocks Go Low

Elon Musk was seen in a YouTube interview with comedian Joe Rogan smoking weed and drinking whiskey, while talking about various projects and thoughts about the future of technology, censorship, and self sustainability which could be one of major correlations to why Tesla stocks fell. Along with several departures of certain executives over the past few months and a recent resignation.

Here Is The FULL Interview:

Tesla Stocks Falls 10% (24h)

Tesla was trading around $281.06 early evening (5:55 pm (UTC NASDAQ), September 6, 2018) before it then plunged to $252.88 (-10.02%+) around 1:35pm September 7th (UTC NASDAQ). This all comes after a very open interview where Elon Musk was enjoying a chat with Joe Rogan while smoking marijuana (which is illegal federally here in the United States, and it could be seen as a public display of Civil Disobedience.) Stockholders were in shock of this public display, while others had no problem with the interview. The interview itself was very entertaining and it shows that Elon Musk is focused, but some investors may not want to deal with the political scuff that Elon Musk has now become the center of. Elon Musk reportedly owns 33.7 million stocks in Tesla through some funds and direct ownership.

Tesla CAO Resigns

Some higher ranking employees have been leaving Tesla, and many investors are wondering if Elon Musk's leadership is sustainable for the company. For reference, Tesla's Debt is roughly $10.7 Billion USD (Ƀ1,733,956 BTC), and Tesla motors had suffered a loss of around $710 million (Ƀ115,078 BTC, Q2 2018), respectively from a revenue of $3.41 Billion USD (Ƀ551,029 BTC). Elon Musk is quite hopeful with his belief that profits are soon to come, but certain executives like ex Chief Accounting Officer David Morton, said "Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations... This caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla’s leadership or its financial reporting." David Morton left with just a month of service with Tesla Motors.

Tesla has been investing heavily in its manufacturing sector by attempting to grow as quickly as possible to meet demands for the new Model 3, which it seems many are equating this vehicle to the classic Model T. Model 3, an electric vehicle for the "average man"? Price has been an important issue for many potential buyers, and although sales have dramatically increased for Electric Vehicles, some middle class citizens just aren't ready to fall into debt since after the financial crash of 2008, but that may soon change given Q3 data soon to be released!


Opinion from author:
Elon Musk has every right to smoke marijuana regardless of what the law states. It's important that civil disobedience stays alive in America, especially given that the United State's drug war is a TOTAL failure. Some may believe its unorthodox for a CEO to act in such a manner, but let's not take the humanity away from these individuals. If shareholders believe Elon Musk is acting risky, or is behaving in a manner that isn't good for the corporation, then they are right to leave if they feel so. I wish Tesla Motors the best! Goodluck, Elon.

Author: Luis Rosales
Updated: September 8, 2018 @ 1631 EST

Shooter Identified: The Landing, Jacksonville, Florida

The shooter, identified as Baltimore resident, David Katz, killed two people and shot multiple others after losing a game of Madden 19 in a sponsored gaming competition at the Jacksonville Landing, In Downtown Jacksonville, Florida. David Katz was the champion in 2017's competition, and during this years competition, many players who have played against him stated he was acting very odd. David Katz was armed with a handgun... Police calls reported around 1:34 PM at the local Chicago Pizza within The Landing. REPORT ESSENTIALS: 3 Dead (Suspect Included) Over 14 injured, 9 directly injured by the shooter... others injured during evacuation! Suspect Details: David Katz (Baltimore Resident) White Male, 24 Years Old, One Hand Gun (updated @ 8:14 PM EST from Orlando, Florida) Notable information: Multiple reports stated that prior to the shooting, people saw a red dot (possibly from a lazer) and then gunshots..... still has yet to be confirmed.

WATCH RAW FOOTAGE OF SHOOTING (GAME LIVESTREAM)

Social Media Attacking Libertarians?

Lately, there has been a lot of breaking news where libertarians, and conservative minded groups have been targeted by major social media networks such as Facebook, Twitter, and video hosting site, Youtube.

Donald Trump Threatens Shutdown Over Illegals | Read more...

Alex Jones, a prominent conservative conspiracist throughout the web, has had his Facebook page struck down, along with his YouTube account, and also his accounts at Spotify and Apple have been banned from sharing/selling content. Many of these sites are citing breaches of their Terms of Service (ToS), which many people within the community call it a farce and see that Jones' is being unjustly censored. Others believe, Jones being kicked off is justified to how he carries himself and how he fabricates lies about famous people and politicians with so called "evidence" for their 'crimes'. They claim he slanders and smears people's name for his own personal benefit, in order to sell merchandise to grow his business based off fear mongering. It should be noted that Alex Jones still has his Infowars app available on the Android App Store, and his Google+ page is still active (for now), and that this was not a total ban from Google products, but from YouTube itself and possibly for audio content (podcasts).  People have their own viewpoints in regards to Alex Jones, but some others that are affected by these mass suspensions are very much so undeserving of this punishment.

Other than the major backlash against Alex Jones on other sites, Twitter hasn't made any major particular moves other than "shadowbanning certain people". However, there seems to be a purge with lots of people being suspended in a short amount of time, which those affected are more often than not conservative, or libertarian leaning individuals. Twitter has suspended prominent libertarian speakers such as the Director of the Ron Paul Institute, Daniel McAdams. Many in the libertarian community are scratching their heads as to what McAdams could have done on Twitter, which would constitute a ban.

Overall, this entire situation goes on a case by case basis, and we all must accept and acknowledge that these social media sites have every right to regulate the news feed so that it may allow for family friendly content to be promoted within the algorithm as they see fit. Yet, we must also know that we are free to criticize these corporations for their actions, and very much so seek alternatives. Whether you view their bans or suspensions as justified or not, there are underlying questions that people may need to ponder on in the future: Should we allow powerful technocrats the power to regulate our newsfeed and control what we see on their platforms? We all make a choice with each packet we download, and our bandwidth IS our voting power in the online world. Perhaps, we should be throwing our support and time behind corporations that actually respect freedom of speech and whom are not going to silence people for their political beliefs.