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.

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Relevant topic timeline:

8/30/2023

Elon Musk under investigation for secret glass house project

The Justice Department and the Securities and Exchange Commission are investigating Elon Musk and Tesla for allegedly using company funds to plan a glass house for Musk in Austin, Texas.

8/31/2023

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

Tesla CEO Elon Musk is reportedly under investigation by federal prosecutors and the Securities and Exchange Commission over a secretive project known as "Project 42," which involves the construction of a glass house in Austin, Texas using funds that may be siphoned from Tesla.

9/18/2023

Elon Musk Denies Tesla in Talks With Saudis for EV Facility Despite Reported Metal Supply Interests

Tesla CEO Elon Musk denies a Wall Street Journal report claiming that the company is in early discussions with Saudi Arabia about establishing a manufacturing facility in the country, calling it another false article.

9/19/2023

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

The U.S. Department of Justice is investigating whether Tesla provided personal benefits to Elon Musk and used company funds to build a proposed glass house, potentially leading to criminal charges, as the Securities and Exchange Commission also investigates the matter.