Topics

Posted 9/19/2023, 8:47:00 PM

DOJ Probes Tesla's Use of Company Funds for Elon Musk's Personal Benefits

DOJ investigating Elon Musk perks at Tesla as part of criminal probe
Looking into Tesla funds used for proposed glass house for Musk
Also requesting info on transactions between Tesla and Musk-connected entities
SEC also probing secret "Project 42" house planned near Austin factory
Feds want to know if Tesla properly disclosed perks Musk received
Musk said no glass house built, planned, or under construction
Tesla CFO raised concerns about glass panels ordered for unknown use

techcrunch.com

Relevant topic timeline:

8/23/2023

Elon Musk shows off production Cybertruck in Texas

Tesla CEO Elon Musk showcased a production version of the company's long-delayed Cybertruck on social media, as the electric vehicle manufacturer aims to enter the profitable pickup segment and compete with rivals Ford and Rivian.

8/31/2023

Feds investigate Tesla's use of funds for secret 'glass house' project

Manhattan federal prosecutors and the SEC are investigating the use of Tesla funds for a secret project involving a glass house for CEO Elon Musk, known as "Project 42," which is prompting inquiries into potential misuse of company resources.

8/31/2023

Tesla is under federal investigation over company resources being used to build Elon Musk a house

Tesla is facing a federal investigation by the Department of Justice over allegations of using company resources to build a mansion for CEO Elon Musk, triggering investigations from the SEC and federal investigators from New York.

8/31/2023

Inquiry Into Tesla Plan for Glass House for Elon Musk Hasn’t Hit the Stock

Tesla's plan for a glass house for Elon Musk has not impacted the stock, despite the company's media attention.

8/31/2023

Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house

Tesla is facing two new federal probes over potential misuse of company resources by CEO Elon Musk and whether the company misrepresented battery ranges for its electric cars.

9/8/2023

Musk's $25,000 Tesla EV Back on Track Thanks to Execs and Shared Production with Robotaxi

Tesla CEO Elon Musk, despite previous prioritization of developing a robotaxi, has been convinced by company executives to focus on both a $25,000 electric car and the robotaxi, according to Musk's biographer Walter Isaacson.

9/20/2023

Tesla and Musk Face Federal Probe Over Financial Dealings Between Tesla and Musk's Other Companies

Tesla and Elon Musk are reportedly under federal investigation over perks and transactions between the company, the CEO, and other companies under Musk's control, with concerns arising over the potential misuse of funds and resources.

9/30/2023

Tesla Sued Over Racial Discrimination and Harassment at Fremont Factory

Elon Musk faces another racism controversy as the U.S. Equal Employment Opportunity Commission has filed a lawsuit against Tesla, alleging that the company allowed pervasive racial harassment of Black employees at their California plant.

10/6/2023

Musk Accuses SEC and DOJ of Abuse of Power Amid Twitter Deal Probe

Tesla CEO Elon Musk has called for a "comprehensive overhaul" of the SEC and Department of Justice, accusing them of abusing their regulatory powers for personal and political gain, just hours after the SEC sued Musk for allegedly failing to testify in its probe into his $44 billion Twitter purchase.

10/6/2023

Banks Frustrated by Twitter's Finances After Funding Musk's Buyout

Tesla CEO Elon Musk has a bargaining advantage with banks due to X's poor financial performance, and three lenders involved in Musk's deal to buy Twitter may have formed a group to protect themselves from potential chaos in a fire sale.

Topics

Posted 9/19/2023, 8:47:00 PM

DOJ Probes Tesla's Use of Company Funds for Elon Musk's Personal Benefits

DOJ investigating Elon Musk perks at Tesla as part of criminal probe
Looking into Tesla funds used for proposed glass house for Musk
Also requesting info on transactions between Tesla and Musk-connected entities
SEC also probing secret "Project 42" house planned near Austin factory
Feds want to know if Tesla properly disclosed perks Musk received
Musk said no glass house built, planned, or under construction
Tesla CFO raised concerns about glass panels ordered for unknown use

techcrunch.com

Relevant topic timeline:

8/23/2023

Elon Musk shows off production Cybertruck in Texas

8/31/2023

Feds investigate Tesla's use of funds for secret 'glass house' project

8/31/2023

Tesla is under federal investigation over company resources being used to build Elon Musk a house

8/31/2023

Inquiry Into Tesla Plan for Glass House for Elon Musk Hasn’t Hit the Stock

Tesla's plan for a glass house for Elon Musk has not impacted the stock, despite the company's media attention.

8/31/2023

Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house

Tesla is facing two new federal probes over potential misuse of company resources by CEO Elon Musk and whether the company misrepresented battery ranges for its electric cars.

9/8/2023

Musk's $25,000 Tesla EV Back on Track Thanks to Execs and Shared Production with Robotaxi

9/20/2023

Tesla and Musk Face Federal Probe Over Financial Dealings Between Tesla and Musk's Other Companies

9/30/2023

Tesla Sued Over Racial Discrimination and Harassment at Fremont Factory

10/6/2023

Musk Accuses SEC and DOJ of Abuse of Power Amid Twitter Deal Probe

10/6/2023

Banks Frustrated by Twitter's Finances After Funding Musk's Buyout