Two Tesla senior executives resign

Tesla equity is taking a beating following the resignation of two leading figures from the electric car manufacturer.

Photo: Mark J. Terrill/AP/Polfoto

The pressure on Tesla CEO Elon Musk is mounting. In his most recent debacle, Musk was shown smoking cannabis on-screen during a live-stream radio show. Two of his senior executives have now simultaneously resigned, eroding Tesla's share price.

Tesla equity declined by 9 percent Friday but normalized slightly toward the afternoon CET time, landing at a 7 percent reduction of USD 262.5 per share.

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