Elon Musk, Renowned for Throwing Stones, Accused of Building Glass House With Company Funds

  • 📰 futurism
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Tesla CEO Elon Musk is reportedly building a glass house in Austin, Texas, using funds he might be siphoning from his carmaker.

literalreports

, federal prosecutors are now investigating Tesla over the secretive project, which is reportedly known internally as "Project 42." The US Attorney’s Office for the Southern District of New York has put in a request for more information about benefits paid out to the mercurial CEO, and how expansive the structure really is., has also opened its own civil investigation, according to the report.

There are plenty of questions that remain unanswered for the time being, to be clear. For one, we don't know what the glass structure is for or if the CEO is even personally involved. We also don't know how much Tesla is actually spending on the project. Is Musk stuffing his pockets to build a transparent mansion for himself? It'd be a strange look, since the billionaire loves to brag about

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 85. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla facing DOJ, SEC probes over reported plans to build Elon Musk a large glass houseTesla is reportedly facing two new federal probes over possible misuse of company resources by or for the personal benefit of CEO Elon Musk.
Source: CNBC - 🏆 12. / 72 Read more »

Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass houseTesla is reportedly facing two new federal probes over possible misuse of company resources by or for the personal benefit of CEO Elon Musk.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Elon Musk’s ‘glass house’ is reportedly under investigationFederal prosecutors are investigating the use of Tesla Inc. funds on a “secret” project thought to be a house for Elon Musk, the company’s CEO, the Wall...
Source: MarketWatch - 🏆 3. / 97 Read more »

Inquiry Into Tesla Plan for Glass House for Elon Musk Hasn’t Hit the StockYes, the company was working to build a glass house for the CEO, who is known for tossing metaphorical stones with his tweets. Go figure.
Source: MarketWatch - 🏆 3. / 97 Read more »