San Francisco. Elon Musk is under investigation by the US Justice Department for alleged personal benefits he received from his electric car company Tesla.
The Texas Justice Department is investigating the use of Tesla funds to finance ‘Project 42’, Tesla’s internal secret project to build a “glass house” for Musk.
According to a report in The Wall Street Journal, the US Attorney’s Office for the Southern District of New York has also requested information about transactions between Tesla and other entities linked to Musk.
The Justice Department wants to know whether Tesla properly disclosed the perks Musk received.
Tesla said it does not provide perks or personal benefits to top executives.
The billionaire himself clarified earlier this month that he is not building a “glass house” on Tesla money.
“Just want to reiterate that there are no glass houses (metaphors counting) built, under construction, or planned,” Musk posted on Instagram.
“I’m not building any houses of any kind anywhere,” he said.
The US SEC has also reportedly started a civil investigation into Tesla’s ‘Project 42’.
Earlier reports mentioned that Musk once planned a lavish glass house for himself near the Tesla headquarters in Austin, Texas, which was worth millions of dollars.
read this also – Click to read the news of your state/city before the newspaper.
Web Title-America begins investigation into Elon Musk’s personal benefits from Tesla