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Elon Musk has implied that the $420 stock price he floated for taking Tesla private was not a covert reference to weed, contrary to widespread speculation.


  1. What number is a widely recognized coded reference to marijuana and why?
  2. Which media outlet interviewed Elon Musk when he mentioned the 420?
  3. Based on past news items about Elon Musk, do you believe the interview or the speculated “weed” backstory about the number? Why or why not?
  4. What do they mean about the “premium” and “going private” in the story? Explain.
  5. When was $420 a reality for Tesla?


Bostock, T. (2019). Elon Musk’s $420 target for Tesla stock probably wasn’t a reference to weed., Dec. 23 (Retrievable online at