Sep 8, 2018

Market analysts are wary of Elon Musk's erratic behavior

Joe Rogan podcast

Tesla's stock sank close to its lowest point of the year after CEO Elon Musk appeared to smoke marijuana in an interview with comedian Joe Rogan, reports The Wall Street Journal's Tim Higgins.

Why it matters: Musk's actions in the interview revealed a personal side of himself, but some analysts say his behavior is more erratic than it is charming and creating a distraction for the company.

On the podcast, Musk says: "So it that a joint? Or is it a cigar?"

  • Rogan: "It's marijuana inside of ... tobacco ... You probably can't because of stockholders, right?"
  • Musk: "I mean, it's legal, right?"
  • Rogan: "It's totally legal. ... It's tobacco and marijuana in there. That's all it is. "
  • [Musk takes a sip of what the host says is whiskey.]

Worthy of your time: The podcast's real trip is a fascinating conversation about a future driven by artificial intelligence.

Go deeper

Big video game conference delayed amid coronavirus concerns

Photo: GDC

Next month's Game Developers Conference in San Francisco became the latest tech event to be cancelled or postponed amid growing concerns over the spread of the novel coronavirus.

The big picture: A growing number of events are being scrapped, including Mobile World Congress and Facebook's F8 developer conference. Some, like the giant SXSW event in Austin, insist they are moving forward.

Axios Dashboard

Keep up with breaking news throughout the day β€” sign up for our alerts.

Trump again nominates Rep. John Ratcliffe for intelligence chief

Ratcliffe at CPAC on Feb. 27. Photo: Michael Brochstein/Echoes Wire/Barcroft Media via Getty Images

President Trump again nominated Rep. John Ratcliffe (R-Texas) as Director of National Intelligence (DNI), in a tweet on Friday.

Catch up quick: If confirmed, Ratcliffe would eventually replace Richard Grenell, a staunch defender of Trump and former U.S. ambassador to Germany who was installed as the acting DNI only a few weeks ago. Grenell would have had to leave the post on March 11 unless Trump formally nominated someone else to oversee the U.S. intelligence community, the New York Times reports.

Go deeperArrowUpdated 1 hour ago - Politics & Policy