9 Jan 2024

Share market reacts to bombshell Musk article

From Morning Report, 8:57 am on 9 January 2024

Tesla stocks are facing their first day on the open market after a bombshell Wall Street Journal article alleged chief executive Elon Musk is using drugs.

The article says executives at Mr Musk's companies are growing increasingly worried about his drug use.

Alongside Tesla, Mr Musk is the chief executive of Space X, owner of social media site X, formerly Twitter, and founder of three other companies.

Wedbush Securities analyst, Dan Ives, spoke to Charlotte Cook.