“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.”