Tesla Faces Federal Probe Over Elon Musk’s Secret Company-Funded Glass House, Report Says

The Securities and Exchange Commission and federal prosecutors are investigating Tesla for allegedly using company funds to construct a secret glass home for CEO Elon Musk in Texas, with both investigations still in the early stages.

forbes.com

Relevant topic timeline:

8/31/2023

Tesla faces federal probe over vehicle range after Reuters report -WSJ

Federal prosecutors are investigating Tesla's performance claims following reports that the company exaggerated the driving distance of its vehicles and misused company funds on a secret project, according to the Wall Street Journal.

8/31/2023

Tesla reportedly faces investigation over its mysterious glass house project

The US Attorney's Office and the SEC are investigating Tesla's "Project 42" glass house project, seeking information on the company's spending and personal benefits enjoyed by CEO Elon Musk, while also facing inquiries over the driving range of its vehicles.

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

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.

9/20/2023

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.