Tesla Faces Federal Scrutiny for Mysterious 'Project 42' to Build Elon Musk a Glass Mansion

Scott Olsen/GettyFederal agencies, including the DOJ and the SEC, have initiated investigations into Tesla’s secretive “Project 42,” raising questions about the company’s use of funds to potentially benefits to CEO Elon Musk. The project involved building a large glass structure that seemingly is intended to serve as a mansion for Musk.that Tesla has found itself under the microscope of both the DOJ and SEC.

According to sources, the U.S. Attorney’s Office for the Southern District of New York is seeking information related to personal benefits that given to Elon Musk. They are also interested in knowing how much money Tesla spent on a project that involved constructing a large glass structure in the Austin, Texas region, and for what purpose it was intended.

The SEC has also opened a civil investigation into “Project 42,” seeking similar information from Tesla. Musk has awith the SEC, which ordered him to have a “Twitter sitter” after his infamous “funding secured” tweet about taking Tesla private.

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Tesla’s use of company funds is now being investigated by the US Southern District of New York.Apparently there was a “Project 42” — for Douglas Adams fans, this number is significant — at Tesla, “which called for a spacious glass structure to be built in the Austin, Texas, area,” according to The Wall Street Journal. The project was “described internally as a house for Chief Executive Elon Musk.” Tesla had internally investigated whether there was a misuse of company resources on the project. It’s unclear what the outcome of the Tesla investigation was, what the status of the project is, whether glass was ever delivered for it, and whether the investigations from the feds will result in charges.
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