Tesla Shares Slide On Reports Musk’s Pentagon Security Clearance Under Review

Another day, another headline about the CEO of Tesla has sent the carmaker’s shares lower…

As Bloomberg reports, The Pentagon is reviewing Elon Musk’s federal security clearance following the billionaire’s marijuana toke on a California comedian’s podcast in September, according to a U.S. official.

Bloomberg details that Musk has refiled his SF-86 security form, which requires a federal employee or contractor seeking a clearance to acknowledge any illegal drug use over the previous seven years, according to the official, who asked not to be identified. The entrepreneur has a secret-level clearance because of his role as founder and CEO of Space Exploration Technologies Corp., which is certified to launch military spy satellites.

It “totally would make sense” for the Defense Security Service to ask Musk to update his application and to investigate the situation further, said Mark Zaid, a Washington attorney who specializes in federal whistle-blower cases and representing clients facing clearance challenges. Zaid doesn’t represent Musk and isn’t aware of the details of his case.

Elon Musk – asset or liability?

via ZeroHedge News https://ift.tt/2ELncwb Tyler Durden

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