By: Donald V. Watkins
Copyrighted and Published on March 20, 2024
An Editorial Opinion
Billionaire Elon Musk heads three major American corporations -- (a) Tesla, the electric vehicle maker, (b) SpaceX, the rocket company, and (c) X, the social media company formerly known as Twitter. Musk is CEO of Tesla and SpaceX and Executive Chairman of X.
Musk is a White South African who migrated to the United States as an adult.
As of March 2024, Tesla has a market cap of $517.52 billion. This makes Tesla, a NASDAQ company, the world's 15th most valuable company by market cap.
SpaceX and X are private companies owned by Musk. They are valued at $180 billion and $12.4 billion, respectively.
Is Elon Musk a "Dopehead"?
Based on recent media reports, Tesla, Space X, and X are led by a CEO who is drowning in allegations of hallucinogenic drug use, both legal and illegal.
On January 6, 2024, the Wall Street Journal published an in-depth report on Musk's alleged drug use. The report detailed allegations that Musk used illegal drugs, including LSD, cocaine, ecstasy, and psychedelic mushrooms, at private parties around the world.
Fellow partygoers signed nondisclosure agreements or gave up their cellphones to enter the parties attended by Musk, the Journal reported, citing sources who said they witnessed Musk using illegal drugs or had direct knowledge of it.
In 2018, Musk was seen openly smoking marijuana on the set of a podcast.
Recently, Musk added ketamine to the list of drugs he uses. Musk acknowledges using ketamine, but claimed his use of the drug is beneficial for Tesla investors in an interview with former CNN host Don Lemon that aired Monday on X.
Musk also claimed that ketamine, which must be prescribed by a physician, helps him manage a "negative chemical state" comparable to depression. Musk denied that he abuses the drug.
Ketamine has been used to treat people suffering from depression who have not responded to other treatments. The drug can be administered by nasal spray (esketamine) or IV infusions (ketamine).
Where is the Securities and Exchange Commission Oversight of Tesla?
The Securities and Exchange Commission is the investing public's regulatory "watchdog" for Wall Street companies. Yet, the Commission has turned its head to Elon Musk's alleged use of hallucinogenic drugs, whether legal or illegal.
The Commission has not sought the removal of Elon Musk as CEO of Tesla, based upon the confirmed reports that Musk has led and operated this public company while under the influence of illegal hallucinogenic drugs.
"From the standpoint of Wall Street, what matters is execution," said Musk in his interview with the Journal. Musk seems to believe that the Commission does not care if he is a “dopehead” or not, as long as Tesla performs well for investors.
Unlike its privileged treatment of Musk, the Commission has NEVER knowingly allowed a Black CEO or senior management executive of any size publicly-traded company to operate his/her publicly-traded company while reportedly getting high from illegal hallucinogenic drugs like LSD, cocaine, ecstasy, and psychedelic mushrooms.
Any Black CEO or senior management executive caught up in an illegal drug use situation would have been banned from his/her company for life and prosecuted by federal law enforcement agencies in a Blitzkrieg manner, if the Commission had even a hint that he/she used illegal hallucinogenic drugs on a regular basis.
If the Wall Street Journal was able to investigate and confirm Musk’s alleged use of illegal hallucinogenic drugs, the Securities and Exchange Commission should have been able to do so, as well.
For reasons that defy common sense, public safety, and fiscal responsibility, the Commission has allowed $517.52 billion in Tesla corporate assets to remain under the operational control of an alleged “dopehead.”
Musk Wallowed in the “White Privilege” Afforded by South Africa’s System of Strictly Enforced Racial Apartheid
Elon Musk wallowed in "White Privilege" for the first 18 years of his life as a South African. Musk is a direct beneficiary of South Africa's system of strictly enforced racial apartheid, which only ended in 1994. Musk's family in South Africa became wealthy by using the apartheid system to rip off Black South Africans.
Musk regularly rails against U.S. government policies and programs that afford equal economic, educational, political, and social justice opportunities to Black Americans, while ignoring his own free flowing "White Privilege."
In January, Musk complained on X about Dr. Sherita Hill Golden’s public acknowledgement of “White Privilege” in Johns Hopkins Medicine’s (JHM) monthly Diversity Digest. Musk’s complaint amounted to cyberbullying.
At the time, Dr. Golden was JHM's Chief Diversity Officer. Under pressure from Musk and other known beneficiaries of “White Privilege,” both inside and outside of JHM, Dr. Golden stepped down as Chief Diversity Officer earlier this month.
Epilogue
It is unknown whether Elon Musk was acting under the influence of LSD, cocaine, ecstasy, psychedelic mushrooms, marijuana, or ketamine when he lashed out at Dr. Golden's article about "White Privilege."
What is known is this truism: Elon Musk is a longtime beneficiary of “White Privilege” in the United States and South Africa and he relishes it.
It is also known that the Securities and Exchange Commission is knowingly and willingly allowing an alleged "dopehead" to serve as the CEO of Tesla -- something that would be unthinkable if Elon Musk was a Black CEO of any publicly-traded company.
At the end of the day, Elon Musk is a portrait of Securities and Exchange Commission-protected "White Privilege"in all of its glory.