Federal authorities investigating Tesla over secret project to build Austin home for Musk: report ...Middle East

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Federal authorities investigating Tesla over secret project to build Austin home for Musk: report
source : The Hill ( Middle East ) () 31
Federal authorities are investigating Tesla over its alleged use of company funds on a secret project to build CEO Elon Musk a home in Austin, Texas, according to the Wall Street Journal. The U.S. Attorney’s Office for the Southern District of New York is reportedly seeking information about how much Tesla spent on the endeavor, known as “Project 42,” and its purpose. The Manhattan-based prosecutors also inquired about personal benefits paid to the billionaire chief executive, who separately runs SpaceX and owns the platform formerly known as Twitter, the Journal reported. The Securities and Exchange Commission (SEC) has also reportedly opened a civil investigation into the secre

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