Against the US electric car manufacturer Tesla According to a media report, he is being replaced by the company boss on charges of misappropriating company funds for a private project Elon Musk (52) determined. Like that “Wall Street Journal
(WSJ) reported on Wednesday (local time), the US federal judiciary and the US Securities and Exchange Commission are investigating whether the company’s funds were used to finance an extravagant glass house for the Tesla boss. Other US media also reported on the transaction, including the portal “Business Insider”.
“Project 42” – as the newspaper calls it internally – is about “building a spacious glass structure” in Austin, Texas, where the electric car manufacturer’s headquarters are located. According to the newspaper, employees are said to have spoken of a house for Musk in the case of the construction project. Both the investigations of the prosecution and those of the SEC are still in an “early stage” and do not necessarily have to lead to indictments, according to the report.
Was the glass really delivered?
The Wall Street Journal reported in July that the Tesla board was checking whether company funds had been misused for the project. Previously, employees said the company had ordered walls made of a special glass worth millions of dollars. The newspaper did not know whether the walls had actually been delivered and how far “Project 42” had progressed.
The manager responsible for the construction of the Tesla Gigafactory near Austin, Omead Afshar, is said to have surprisingly switched to Musk’s space company SpaceX in connection with the process. The board of directors around chairwoman Robyn Denholm (60) had been investigating how much working time the project had taken up from employees in the past few months.
Listed corporations like Tesla must make public when they give employees or shareholders payments or other material benefits.