BUSINESS

Elon Musk argues that using ketamine is advantageous for Tesla investors

Elon Musk, the CEO of SpaceX and Tesla, spoke candidly about his usage of ketamine, a medication that is used to treat depression and manage pain, in an interview that was made public on Monday. The 52-year-old businessman admitted using the anaesthetic, which is often used to treat depression and relieve pain, in response to US media stories that said his drug usage was worrying investors.

Musk said that the ketamine he takes as prescribed helps him run the company well, which benefits Tesla’s stockholders. During his chat with former CNN anchor Don Lemon, Musk said, “Ketamine is helpful for getting one outside of a negative frame of mind.”
effect on corporate governance and investor perception
The interview takes place in the midst of mounting worries about Musk’s behaviour and drug usage among business boards and investors. Musk confirmed that his use of the substance has not had a detrimental impact on his commercial endeavours, despite these worries. Rather, he highlighted Tesla’s achievements by saying, “We had the best-selling car on Earth last year,” to highlight his capable direction. But earlier this year, a Wall Street Journal investigation emphasised probable breaches of government rules and the hazards connected to Musk’s suspected usage of different medicines.
Contracts with the government and drug testing
The tech tycoon also spoke about how his drug usage affected his government contracts, specifically in relation to SpaceX’s interactions with NASA. Musk said that once his drug usage was made public, he consented to three years of random drug testing, during which time no traces of alcohol or narcotics were discovered. This was a component of an endeavour to preserve the confidence and adherence necessary for SpaceX’s continuous agreements with the federal government.
Perspectives on politics and upcoming projects
The interview also provided insight into Musk’s political beliefs and relationships, including his most recent encounter with Republican nominee for president Donald Trump. Musk voiced his displeasure with Democratic policy in general and immigration in particular, but he did not commit to supporting any candidate in the forthcoming presidential election.
Termination of collaborations on social media
Musk’s foray into social media with Platform X and the breakup of a collaboration with Don Lemon were also discussed in the interview, which is indicative of his wider goals and current initiatives in a variety of fields.

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