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Home»Latest Posts»US DoJ begins investigating Tesla perks for Elon Musk
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US DoJ begins investigating Tesla perks for Elon Musk

Rudra SharmaBy Rudra SharmaUpdated:No Comments2 Mins Read
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US DoJ begins investigating Tesla perks for Elon Musk
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San Francisco: Elon Musk is now reportedly beneath probe by the US Division of Justice (DoJ) for private advantages his electrical car-making firm Tesla might have supplied him.

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The DoJ is investigating the usage of Tesla funds to bankroll a secret challenge — recognized internally at Tesla as ‘Venture 42’ — for Musk to construct a “glass home” for him in Texas.

The US Lawyer’s Workplace for the Southern District of New York has additionally requested details about transactions between Tesla and different entities linked to Musk, in line with a report in The Wall Road Journal.

The Justice Division needs to know whether or not Tesla correctly disclosed the perks Musk acquired.

Tesla had stated it doesn’t present perks or private advantages to high executives.

The billionaire himself clarified earlier this month that he’s not constructing a “glass home” on Tesla cash.

“Simply wish to reiterate that there isn’t a glass home (metaphors don’t depend lol) constructed, beneath building or deliberate,” Musk posted on X.

“I’m not constructing any home of any variety anyplace. Interval,” he added.

The US SEC has additionally reportedly opened a civil investigation into Tesla’s ‘Venture 42’.

Earlier reviews talked about that Musk as soon as deliberate a lavish glass home for himself close to Tesla headquarters in Austin, Texas, price tens of millions of {dollars}.

 

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