Tesla's share price drops after Elon Musk smokes marijuana during podcast appearance

Shares of electric car maker Tesla Inc. fell more than 6 percent early Friday after the CEO appeared to smoke marijuana during an interview and the company's accounting chief left after a month on the job.

CEO Elon Musk appeared on "The Joe Rogan Experience" overnight. About two hours into the podcast, which can be seen on YouTube, Musk inhales from what the host says is a combined marijuana-tobacco joint, which Rogan notes is legal. Rogan passes the joint to Musk, who also takes a sip of whiskey.

Shortly after smoking, Musk looks at his phone and laughs, telling Rogan he was getting texts from friends asking why he was smoking weed during the interview. Later Musk says he doesn't notice any effect from the joint, which he claims he rarely smokes.

As the video gained traction, more news hit: Early Friday, the Palo Alto, California, company announced that Chief Accounting Officer Dave Morton resigned after a month on the job, citing public attention and the fast pace of the post.

The company disclosed the departure in a regulatory filing.

"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," the company quoted Morton as saying in the filing with the US Securities and Exchange Commission. "As a result, 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," Morton was quoted as saying.

Tesla is under extreme pressure to turn a sustained net profit starting this quarter, as promised by Musk. But in the second quarter it burned through $739.5 million in cash and lost a quarterly record $717.5 million.

Musk has said the company is producing more than 5,000 Model 3 electric cars per week, and cash generated from the sales will bring sustained quarterly profits. The Model 3 starts at $35,000, although the cheapest one that can be purchased at present costs $49,000.

Moody's Investor Service downgraded Tesla's debt into junk territory back in March, warning that Tesla won't have cash to cover $3.7 billion for normal operations, capital expenses and debt that comes due early next year. Tesla said cash from Model 3 sales will pay the bills and drive profits.

The company said its accounting functions will be overseen by the chief financial officer and corporate controller. Morton's resignation is effective immediately.

Elon Musk during his podcast appearance. Source: Youtube/Joe Rogan Experience.


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As Australia's strawberry scare expands to apples and bananas, police offer big reward hoping for clues

Almost two weeks after a Queensland man was taken to hospital after biting into a strawberry with a sewing needle inside, the hunt for those responsible goes on.

The contamination has spread nationwide, with West Australian police confirming on yesterday that they were investigating claims a primary school student had bitten into a strawberry with a needle inside.

Starting this morning, all fresh strawberries being exported from Australia must be metal-contaminant free.

The Department of Agriculture and Water Resources announced the interim control measure yesterday evening in response to the growing situation.

"In order for strawberry export permits to be approved, exporters will be required to provide assurance to the department that their consignment is free from metal contaminants," the department said in a statement.

The family of one grower has shared the heartbreak of having to dump truckloads of strawberries. Source: Donnybrook Berries/Facebook

"These measures apply to fresh strawberry exports to all markets, and will remain in place until the risk of metal contaminants has been appropriately managed."

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For more on this story, watch 1 NEWS at 6pm. Source: 1 NEWS

Yesterday's report was the fifth incident of needle-contaminated strawberries in WA.

The latest incident has led to the WA government following the Queensland government in offering a NZ $110,000 reward for information on the culprit or culprits.

"The motive appears unclear ... at the end of the day it's an act of treachery to the people of Australia," Detective Superintendent Danny Doherty told reporters, confirming NSW police were investigating at least 20 cases of needles being found in fruit including claims of needles being found in an apple and a banana.

The halt comes after needles were found in different brands in Australia. Source: 1 NEWS

Det Supt Doherty said perpetrators, including copycats and consumers falsely claiming a discovery, could face up to 10 years in jail for food contamination.

No-one has been charged in relation to the tampering.

In Queensland, struggling growers have been boosted by the announcement of a NZ $1.1 million fund to assist them through the crisis.

Horticulture body Growcom has implored consumers to keep buying strawberries.

"Hang in there with us and our saying will be 'cut it up, don't cut us out'," Growcom chief executive David Thomson said.

The scare is expected to result in a review of fruit handling, storage and packaging following the police investigations, Mr Thomson said.

NSW authorities are investigating more than 20 incidents of needles found in strawberries. Source: Breakfast


Supporters call for fair trial for Sri Lankan university student held on terror charges in Australia

Family members, human rights activists and civic groups have gathered in Colombo to demand a speedy and fair investigation of a Sri Lankan student detained in Australia on suspicion of terrorism.

The New South Wales police website says Kamer Nizamdeen was arrested in Sydney on August 30 for allegedly planning to attack targets in the city and assassinate prominent people. Police say they found the alleged plans described in a notebook.

A support group, United for Kamer, planned a silent protest today to support their call for a fair trial for the 25-year-old student.

The group says Nizamdeen was working for the University of New South Wales and has been kept in solitary confinement since his arrest.

It says Nizamdeen denies what police say he wrote in the notebook.

A statement from the family read out at the protest said Kamer was allowed to contact one family member immediately after the arrest but thereafter denied access to legal counsel or family members.

The protesters silently held placards and banners with slogans about Kamer's innocence as well as the investigation.

Kamer Nizamdeen was arrested in Sydney last month for allegedly planning to attack targets in the city and assassinate prominent people. Source: Associated Press

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Homeless man charged with US murder of top amateur Spanish golfer, whose body was found in course pond

A homeless man attacked and killed a top amateur golfer from Spain who was playing a round alone near her university campus in central Iowa, leaving her body in a pond on the course, police said today.

Collin Daniel Richards, 22, has been charged with first-degree murder in the death of Celia Barquin Arozamena, a student at Iowa State University. He was ordered jailed today on a $7 million, cash-only bond.

Barquin was found yesterday morning at Coldwater Golf Links in Ames, about 50 kilometres north of Des Moines.

Police were called to the course around 10.20am to investigate a possible missing female after golfers found a golf bag with no one around it.

Officers found Barquin's body some distance from the bag, with several stab wounds to her upper torso, head and neck, according to the criminal complaint filed Tuesday.

Barquin, the 2018 Big 12 champion and Iowa State Female Athlete of the year, had no known prior relationship with Richards, Ames police Commander Geoff Huff said.

Richards, who faces a mandatory sentence of life in prison if convicted, reported in a financial affidavit that he has no job.

"We have had encounters with him in the past, " Huff told reporters at a news conference today.

"I don't have any specifics on him no about criminal record or how many incidents we've had with him."

The university said Barquin, a native of Puente San Miguel, Spain, was finishing her civil engineering degree this semester after exhausting her eligibility at Iowa State in 2017-2018.

Iowa State President Wendy Wintersteen said in a statement on Twitter that she was "deeply saddened" by Barquin's death.

She was one of the most accomplished players in Cyclone golf history. In April, she became the second women's golfer at Iowa State to earn medalist honors at a conference tournament when claiming the 2018 Big 12 Championship. She did it with a three-shot victory.

It is the second fatal stabbing of a female student in Iowa in recent months.

An immigrant from Mexico is charged in the July 18 kidnapping and stabbing of University of Iowa student Mollie Tibbetts, who vanished while out for a run in the small town of Brooklyn.

Celia Barquin Arozamena was playing a round in central Iowa when she was allegedly attacked by Collin Daniel Richards. Source: Associated Press


Britain can flourish even without Brexit deal, says UK's Foreign Secretary

British Foreign Secretary Jeremy Hunt said that the UK will flourish with or without an agreement on its relationship with the European Union after it leaves the grouping next year.

A "no-deal" Brexit is possible, he said in an interview in Tokyo, "but I don't think it's in anyone's interest for that to happen. So that's why we are cautiously optimistic that we will get a deal. But there's a lot of work to do to get there."

British Prime Minister Theresa May travels to Salzburg, Austria, on today to meet other EU leaders. She needs to win over both the European Union and critics of her Brexit proposal within her own Conservative Party. Britain is due to leave the EU on March 29.

Japanese companies with operations in Britain are among those worried about the impact of a "no-deal" Brexit, in particular on their ability to export from the U.K. to the rest of Europe without tariffs or other trade restrictions. Under a no-deal scenario, the U.K. would leave the EU without establishing rules for future trade between Britain and the 27 remaining EU member countries.

"The U.K. will flourish and prosper as one of the strongest economies in the world whatever the outcome of these talks," Hunt said, noting its business-friendly environment and strong universities.

He defended the May government's proposed Brexit deal, which has been roundly attacked by his predecessor, Boris Johnson. Hunt succeeded Johnson as foreign secretary in July.

"British politics is littered with the graveyards of people who have predicted the demise of Theresa May and been proved wrong," he said.

"Of course Boris Johnson doesn't agree with some of the policy decisions that she's taken, but Theresa May has to speak not just for the 52 percent who voted for Brexit, she has to speak for 100 percent of the country," he added.

Hunt is in the Japanese capital to hold annual U.K.-Japan strategic dialogue talks with Foreign Minister Taro Kono.

He said he welcomes the summit that started Tuesday between South Korean President Moon Jae-in and North Korean leader Kim Jong Un, but that the time has come for the North to take concrete steps toward eliminating its nuclear weapons.

"Words get you so far. I think words have helped, they've changed the atmosphere, but we need to see actions now," he said.

Britain has sent warships to the Pacific to help patrol for transfers between ships at sea that violate economic sanctions on North Korea. Hunt said Britain is ready to relax sanctions if there is concrete evidence of change on the North Korean side.

Hunt, who lived in Japan in the early 1990s, delivered a short speech without notes in Japanese to about 50 people from U.K.-Japan exchange programs.

British Foreign Secretary Jeremy Hunt delivers a speech during a "strategic dialogue” at British Embassy in Tokyo, Tuesday, Sept. 18, 2018. Hunt said it’s time for North Korea to take concrete actions toward eliminating its nuclear weapons. Hunt told that Britain is ready to relax economic sanctions on North Korea when there is concrete evidence of a change from the North Korean side. (AP Photo/Koji Sasahara)
British Foreign Secretary Jeremy Hunt delivers a speech during a "strategic dialogue” at British Embassy in Tokyo. Source: Associated Press