2023-08-30 21:36:15
By Le Figaro with AFP
Posted yesterday at 23:36, Updated yesterday at 23:37
Tesla boss Elon Musk. GONZALO FUENTES / REUTERS
According to the Wall Street Journal, justice demanded “information on personal benefits paid to Elon Musk, on the amount spent by Tesla on this project (…) and on its future use”.
US federal justice and the stock market policeman, the SEC, are investigating the possible use of funds from the car manufacturer Tesla to finance a personal project of its boss Elon Musk, reports Wednesday (WSJ). According to the daily, referring to people close to the case, the federal prosecutor’s office in Manhattan asked for “information on personal benefits paid to Musk, the amount spent by Tesla on this project (…) and its future use».
Ce «Project 42– as it is dubbed internally following the newspaper – is regarding “the construction of a spacious glass structure in the Austin, Texas areawhere Tesla’s headquarters are located. He is also the subject of a civil investigation by the SEC, the WSJ added, noting that the two investigations were at a “preliminary stage and may not result in formal charges of wrongdoing».
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The newspaper wrote in July that Tesla’s board was investigating internally whether company resources had been misused for the project, and whether the billionaire was involved. “Tesla lawyers and board members have taken on the project following employees raised concerns regarding how the company planned to use walls from a special glass it had ordered for millions of dollars.“, underlines the WSJ, which does not know where this project is and if these walls have been delivered.
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