Elon Musk Talks GM, Marijuana And More In '60 Minutes' Interview


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


"I am somewhat impulsive," Tesla Inc (NASDAQ:TSLA) CEO Elon Musk told CBS News' Lesley Stahl in a clip from Sunday's "60 Minutes" episode. "I don't really want to try to adhere to some CEO template."

Musk has made plenty of headlines in 2018, from smoking a joint with Joe Rogan to tweeting about taking Tesla private. Stahl's interview doesn't shy away from asking Musk about those issues.

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"I'm just being me," Musk said in a another clip. "I mean, I was certainly under insane stress and crazy, crazy hours... But the system would have failed if I was truly erratic."

The full interview will air Sunday at 7 p.m. ET. Here a few of the highlights.

Talking Competition

Musk said Tesla "would be interested" in buying one of the plants General Motors (NYSE:GM) recently said it will close down. He also welcomes the competition from GM, Ford (NYSE:F) and other car companies.

"If somebody comes and makes a better electric car than Tesla and it's so much better than ours that we can't sell our cars and we go bankrupt, I still think that's a good thing for the world," Musk said.


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"The whole point of Tesla is to accelerate the advent of electric vehicles…sustainable transport and trying to help the environment."

Musk On Marijuana

As for the buzz he created in September on Rogan's podcast, Musk shared an interesting tidbit about his smoking habits.

"I do not smoke pot," Musk told Stahl. "As anybody who watched that podcast could tell, I have no idea how to smoke pot or anything. I don't know how to smoke anything, honestly."

Tesla's stock last closed at $357.96 per share. The stock is up about 11.7 percent year-to-date

 Benzinga's Cannabis Capital Conference is the premier gathering of cannabis entrepreneurs and investors in North America. Click here to learn more about the event, which takes place Jan. 15-16 in Miami, Florida.

Related Links:

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Jefferies Upgrades Tesla To Buy On Capacity To Self-Fund, Potential To Split With Musk


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: CannabisNewsMarketsMedia60 minutesElon Musk