Topics

Posted 8/31/2023, 4:02:33 PM

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.

cnbc.com

Relevant topic timeline:

8/3/2023

The first Tesla ‘range inflation’ lawsuit has been filed

Main topic: Tesla facing a lawsuit over allegations of consumer fraud regarding exaggerated range estimates of its electric vehicles. Key points: - Several Tesla owners have filed a class action lawsuit against the automaker. - The lawsuit alleges that Tesla violated state consumer fraud statutes by falsely advertising the range of its electric vehicles. - Tesla is accused of grossly overvaluing the range to increase sales. - A Reuters investigation found that Tesla had inflated its range estimates, prompting owners to seek service. - CEO Elon Musk reportedly directed the use of algorithms to provide rosier range numbers. - Tesla created a "diversion team" to handle range complaints and save costs by canceling service appointments.

8/28/2023

Tesla braces for its first trial involving Autopilot fatality

Tesla Inc is set to defend itself in two upcoming trials against allegations that its Autopilot feature led to fatal accidents, which will test CEO Elon Musk's claims about the technology and could have significant implications for the company's future.

8/30/2023

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.

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 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.

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.

9/13/2023

Musk's Volatile Behavior: Sumo Injuries, Pedo Tweets, and Secret Twin Birth Revealed

Elon Musk's new biography reveals shocking and bizarre details about the Tesla and SpaceX CEO, including volatile relationships, physical injuries, controversial statements, and his role in geopolitical conflicts.

9/18/2023

UAW President Criticizes Musk as Greedy, Seeks Pay Raises from Automakers amid Unionization Push

The president of the United Auto Workers union has criticized Elon Musk and claimed that workers at companies like Tesla are struggling while CEOs like Musk profit.

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.

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.

Topics

Posted 8/31/2023, 4:02:33 PM

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.

cnbc.com

Relevant topic timeline:

8/3/2023

The first Tesla ‘range inflation’ lawsuit has been filed

8/28/2023

Tesla braces for its first trial involving Autopilot fatality

8/30/2023

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

8/31/2023

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

8/31/2023

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

9/8/2023

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

9/13/2023

Musk's Volatile Behavior: Sumo Injuries, Pedo Tweets, and Secret Twin Birth Revealed

9/18/2023

UAW President Criticizes Musk as Greedy, Seeks Pay Raises from Automakers amid Unionization Push

The president of the United Auto Workers union has criticized Elon Musk and claimed that workers at companies like Tesla are struggling while CEOs like Musk profit.

9/19/2023

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

9/20/2023

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