2023-08-31 03:46:04
According to the daily, referring to people familiar with the matter, the Manhattan federal prosecutor’s office requested “information on personal benefits paid to Musk, on the amount spent by Tesla on this project (…) and on its future use “.
This “Project 42” – as it is dubbed internally following the newspaper – concerns “the construction of a spacious glass structure in the Austin, Texas area,” where Tesla is headquartered. It is also the subject of a civil investigation by the SEC, added the WSJspecifying that the two investigations were at a “preliminary stage and may not lead to formal accusations of embezzlement”.
An internal investigation
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’s lawyers and board members looked into 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 WSJwho does not know where this project is and if these walls have been delivered.
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