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Tesla reportedly facing DOJ, SEC probes over plans to build Elon Musk a large glass house
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Tesla is reportedly facing two new federal probes over possible misuse of company resources by or for the personal benefit of CEO Elon Musk.
The Wall Street Journal first reported on Wednesday that federal prosecutors with the U.S. Attorney’s Office for the Southern District of New York and, separately, the Securities and Exchange Commission, are seeking information about how much Tesla has spent to plan and build a secretive project, reportedly a spacious glass house in greater Austin, Texas, thought to be for Musk’s personal use.
The report also said that the…
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