304
Tesla is reportedly under investigation by the DOJ and SEC over it's mysterious 'Project 42'
(www.businessinsider.com)
this post was submitted on 31 Aug 2023
304 points (94.2% liked)
Technology
59224 readers
3096 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
Tesla is facing scrutiny over its mysterious "Project 42" that was believed internally to involve building a glass house for Elon Musk, according to a recent report from The Wall Street Journal.
The publication said, citing people familiar with the issue, that federal prosecutors are investigating whether Tesla used its own funds for Musk's personal use, and is looking into how much the company has spent on the initiative, as well as its purpose.
The US Attorney's Office for the Southern District of New York issued subpoenas to multiple current and ex-Tesla employees, some of which have been asked to appear in court in September, Bloomberg reported on Wednesday.
The project appeared to be for a "dramatic glass-walled building" and concept plans showed differing designs and features, but included residential elements like bedrooms, according to the report.
At the time, the internal inquiry into the order had targeted Omead Afshar, an executive leading Tesla's Texas factory, Bloomberg reported last year.
On Wednesday, the publication reported that federal prosecutors were seeking information related to internal communications with Afshar, who was said to be involved in purchasing the construction materials.
The original article contains 457 words, the summary contains 188 words. Saved 59%. I'm a bot and I'm open source!