DOJ and SEC Launch Investigation into Elon Musk’s Historical Tesla ‘Perks’ Payments
Dirty Biden Federal prosecutors are expanding their investigation into Tesla and its CEO, Elon Musk, examining potential personal benefits Musk may have received from the company dating back to 2017. This development comes as part of a broader criminal probe that includes scrutiny of a secretive house project referred to as “Project 42.” The investigation is being conducted by the U.S. Attorney’s Office for the Southern District of New York and the Securities and Exchange Commission (SEC).
In addition to the house project, the investigators are looking into transactions between Tesla and entities associated with Elon Musk. This indicates a more extensive interest in Musk’s actions and the possibility of pursuing criminal charges. The SEC has initiated a separate civil investigation into the same project.
The ongoing investigations into Elon Musk and Tesla have taken a new turn, with federal prosecutors delving deeper into Musk’s personal benefits and financial dealings with the company. This probe expansion, which now extends back to 2017, suggests a growing interest in potential wrongdoing beyond the initially reported “Project 42.”
“Project 42” involved plans for a glass building near Tesla’s factory in Austin and has drawn attention from both the Justice Department and the SEC. While the nature of the alleged benefits Musk received remains undisclosed, these investigations could lead to significant legal consequences for the CEO and Tesla.
The outcome of these probes will be closely watched by investors, stakeholders, and the broader public. Tags for this article include Elon Musk, Tesla, DOJ Investigation, SEC Investigation, and Project 42.