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Sex, drugs and rewards, Musk's life and his boards - News

2024-02-05T08:41:29.277Z

Highlights: Elon Musk and some of his executives at Tesla used to make disproportionate use of drugs, Lsdecstasy and cocaine in particular. This is revealed by a new episode of an investigation by the Wall Street Journal. This time highlights a climate of "subservience" around the richest man in the world on the part of managers terrified of losing their billions in compensation. Tutti was born from a 2017 case which involved one of the company's most important managers, the venture capitalist Steve Jurvetson.


Elon Musk and some of his executives at Tesla used to make disproportionate use of drugs, LSD, ecstasy and cocaine in particular, spending millions of dollars on trips and private parties. (HANDLE)


Elon Musk and some of his executives at Tesla used to make disproportionate use of drugs, Lsdecstasy and cocaine in particular, spending millions of dollars on trips and private parties.

This is revealed by a new episode of an investigation by the Wall Street Journal which this time highlights a climate of "subservience" around the richest man in the world on the part of managers terrified of losing their billions in compensation.


    Tutti was born from a 2017 case which involved one of the company's most important managers, the venture capitalist Steve Jurvetson, who resigned after a sex and drug scandal.


   According to the prestigious financial newspaper, Jurvetson had a partying companion, Musk, who protected him by first having him take a "leave of absence" from the board of directors and then placing him in the management of SpaceX.

Not only that, the Wall Street Journal indicates that there are "many" executives and heads of the billionaire's companies who have deep personal and financial ties and have profited enormously from that relationship.

As proof of this, the recent ruling of a Delaware court is cited which annulled a remuneration plan granted by the board of directors to Alceo Musk in 2018, for a value now estimated at 56 billion dollars.


   The judge ruled in favor of some shareholders, who had sued claiming that the decision to grant that astronomical package of stock options to the billionaire lacked transparency. Now according to WSJ sources, many current and former directors of Tesla and SpaceX are aware of the drug use on Musk's part but have taken no public action.

And some of them participated in the parties but for fear of losing billions in compensation they would never betray their boss.

In recent years the entrepreneur has participated in a series of parties with Joe Gebbia, co-founder of Airbnb and member of the Tesla board of directors, during which he took ketamine through a bottle of nasal spray.

Other managers attended parties at El Ganzo, a boutique hotel in San José del Cabo, Mexico, known for its art and music scene as well as drug-fueled events.


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Source: ansa

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