This is the way he’s always been and it’s only getting worse.
Employees have always had to manage him not the other way around; a perpetual petulant toddler banging his hands on the table; ruining everything he touches with his Reverse-Midas-Touch so they keep him at bay.
At SpaceX, where illicit drug use could jeopardize the billions of dollars of government contracts enjoyed by the defense contractor due to federal regulations, The Journal's reports of Musk's drug use put at risk nearly $1 trillion in assets held by investors, about 13,000 jobs, and the future of the US space program.
And I thought Twitter was going to be his biggest fuck up.
The guy was a decent salesman, heavilly empowered by daddy's money and connections, who had a bit of luck, even though he only had one kind of salesmanship technique - the Techbro Brew: heavy on selling "high-tech" and "innovation" as inherently good and always trumphing other considerations - and kept walking the grey legal area between lies, exageration and Fraud.
However he seems to have started believing his own schtick that he's a special golden boy whose farts smell of roses, and here we are now.
I will admit, him being on drugs did not occur to me as a possible explanation for his 'taking tesla private' tweet that torpeedoed his networth, but having been confronted by it now I am having a hard time not believing it.
Companies perform drug checks for a reason. People who lead large organizations while regularly getting off on drugs are usually the biggest psychopaths around.
Given that SpaceX is a private company, where Musk owns the vast majority of voting rights, I'm not sure what can be done here. The same goes for Twitter, and I doubt Musk is stupid enough to have bylaws in a company he bought 12 months ago that would oust him for drug abuse (although I would fucking love it!)
Tesla, though, is only 21% owned by Musk (assuming Wikipedia is up to date). While it's tight, I imagine the board could request he take a drug test, and if he refuses/fails, call a vote to remove him. Given that Tesla execs have been worried about his unhinged behaviour for years, it could be the blessing they've been hoping for.