Shares of Tesla plunged as much as 9 percent Friday after news of a pair of C-suite executive resignations and a bizarre video showing CEO Elon Musk smoking pot on a podcast, capping a tumultuous month since Musk launched the company into controversy with a take-private tweet.
The stock opened Friday's session at $260.10 before paring losses slightly. Shares were roughly 7 percent down after the first hour of trading, closing down 6 percent. It extends a painful week for the automaker. As of Friday's close, the stock lost more than 11 percent on the week.