Elon Musk testifies that he thinks the number 420 has 'karma,' but he's not sure if it's 'good or bad'

Elon Musk testifies that he thinks the number 420 has 'karma,' but he's not sure if it's 'good or bad'
Elon Musk says the $420 share price wasn't a joke when he made the popular weed reference in his 2018 tweet about wanting to take Tesla private.Michael Gonzalez/Getty Images
  • Elon Musk testified in a civil trial Monday that he wasn't joking about taking Tesla private at $420 a share.
  • He said the price was a roughly "20% premium" over Tesla stock when he tweeted about it in 2018.

Elon Musk denied before a jury on Monday that his infamous 2018 tweet about possibly taking Tesla private at a share price of $420 was a joke for the benefit of then-girlfriend Grimes.

But he does see significance in the number, which is popular in cannabis culture.

"There is some, I think, karma around 420," he told Nicholas Porritt, an attorney at Levi & Korsinsky LLP who is representing Tesla investors in a civil class-action lawsuit over his tweet in August 2018, in which he'd claimed he had "funding secured" for a potential deal to take Tesla private.

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"I should question whether that is good or bad karma at this point," Musk added, doubling down on his reference to a concept in Hindu mythology about the consequences of actions in a past life.

He insisted however, that the number was not a joke, as financial regulators had alleged at the time. He testified on Monday that the number was a "coincidence," saying it represented a roughly "20 percent premium" over Tesla's stock at the time. The day of his tweet on Aug. 7, 2018, the company's stock rose to $371.15.


"I don't know if she found it funny or not," Musk testified, referring to his girlfriend at the time, the musician Grimes. "But the 420 price was not a joke."

Musk has shown his penchant for "420" marijuana references on other occasions, as the number was also built into the $54.20 share price at which he purchased Twitter last year. Musk had made it something of a brand, smoking weed in an appearance on the Joe Rogan podcast in 2018.