Elon Musk drug use story ‘smells like a hit piece’: Analyst


A report from the Wall Street Journal claims that Elon Musk’s use of illicit drugs has worried board members and executives from his various companies (Musk claims he is subjected to random drug testing by NASA). Elon Musk recently had a string of controversial statements and moves causing many conversations around leadership of his companies, including Tesla (TSLA) and SpaceX. Craig Irwin, ROTH MKM Senior Research Analyst, joins Yahoo Finance to discuss this latest report from the Wall Street Journal and how Elon Musk has shaped the industries he has worked in.

Irwin comments on the report : “I think this has been known to people in government for many years. I first had a conversation with someone in a relevant entity about this more than five years ago and I think that there are several other people that could have been highlighted in that article. It smells like a hit piece. ‘Why now?’ is the bigger question. You know, it doesn’t make a lot of sense to me, given that Tesla’s really executing. They’re doing a phenomenal job at SpaceX. We could talk about real risks that don’t have anything to do with Elon’s recreational chemistry.”

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Editor’s note: This article was written by Nicholas Jacobino



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