Elon Musk On Ketamine And Investors' Value: 'If There Is Something I'm Taking, I Should Keep Taking It'
Portfolio Pulse from Lara Goldstein
Elon Musk, in an interview with Don Lemon, advocated for the use of prescription ketamine, stating it helps him manage depressive episodes and benefits investors in his companies, Tesla and SpaceX. Musk clarified that his ketamine use does not interfere with his government contracts or financial responsibilities. The interview also touched on Musk's views on drug prohibition and his canceled deal for a new talk show on X, his social platform, following concerns from Tesla and SpaceX executives about his drug use.
March 18, 2024 | 7:02 pm
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NEUTRAL IMPACT
Elon Musk's endorsement of ketamine for personal health and its implied positive impact on his companies could influence investor perception, potentially affecting Tesla's stock in the short term.
While Musk's comments on ketamine use are personal, his assertion that it benefits investors might sway some perceptions positively or negatively. However, without direct financial implications mentioned, the impact is likely to be moderate and speculative.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80