Musk, whose company posted a record US$709.6 million net loss in the first quarter of this year while struggling to manufacture large numbers of its Model 3 mass-market electric vehicle, said he had been working up to 120 hours a week and as a result his health had been "not great" and his friends had been anxious about him.
That means investors shorting Tesla on Friday recovered the majority of what they lost after Musk's now-infamous August 7 tweet, in which he floated the idea of taking Tesla private. "Weed is not helpful for productivity", he told the Times.
"I thought the worst of it was over - I thought it was", he said. When asked if he regretted his Twitter post, Musk replied: "Why would I?" Musk also said that recently he has been working 120 hours per week, adding, "There were times when I didn't leave the factory for three or four days-days when I didn't go outside".
If Tesla directors are anxious about Musk - and they should be - here is advice for them: Do your jobs.
Though Musk says that his tweeted ultimatum was definitely intentional, and that he has secured to funding to make it a reality, he understood that the 420 reference might make people assume the billionaire - who is known for being a bit of a troll - was joking.
Tesla, whose bonds are rated "junk" by credit rating agencies due to its $11 billion debt pile and its negative cash flow, has tapped the stock market six times in the last eight years through share sales, raising almost $4.3 billion, according to data from Dealogic. I've had friends come by who are really concerned'.
The interview and other actions, Mr Gordon said, were signs Mr Musk could no longer handle the CEO job. He told the Times yesterday that he expects "at least a few months of extreme torture from the short-sellers, who are desperately pushing a narrative that will possibly result in Tesla's destruction".
The Times went on to claim some board members believed Musk occasionally used recreational drugs.
Musk, who envisions sending tourists to the Moon, is recognized as one of the most influential innovators in the United States.
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He explained that the Aug 7 tweet claiming assurance that funding for going private was secured was an attempt to be transparent, even though it provoked questions from analysts about whether it violated stock market regulations.
Without that ready access to capital, Tesla investors who would consider keeping their stake in a private Tesla - as Musk has suggested - wonder how Tesla would fund itself as a private company. Tesla's cars are wildly popular and the world would miss them if the shorts prove right.
"It's clear that Musk can not continue to run four companies at a time", said Stephen Diamond, an associate professor of law at Santa Clara University who specializes in corporate governance.
Mr Musk also revealed he needed to take prescription medication to sleep during the latest ordeals, and disclosed he had approached Facebook's chief operating officer Sheryl Sandberg about becoming his number two at Tesla.
Elon says that, for time being, he's not going anywhere or leaving his roles as Tesla's chairman and its top executive.
SpaceX founder Elon Musk speaks at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy Space Center in Cape Canaveral, Florida, US, February 6, 2018.
The Times report said board members had raised concerns over his "workload but also about his use of Ambien", a sleeping drug.
Musk hasn't exactly given investors confidence that he's on the ball.