Washington – He United States Department of Justice has expanded research on the personal benefits that Elon Musk has received from tesla since 2017 and is reviewing transactions between the company and other entities connected to the businessman, as reported this Tuesday The Wall Street Journal.
The newspaper indicated that the expansion of the investigation indicates that the Department of Justice is interested in charging a crime, possibly for not disclosing personal benefits that Musk may have received from Tesla in relation to a construction project.
Companies are required to disclose any transaction over $120,000 that personally benefits a company executive as well as personal benefits of more than $10,000 paid to directors.
In August, WSJ revealed that the Justice Department had launched an investigation into the use of Tesla funds to finance a secret construction project in Austin, Texas that reportedly included a residence intended for Musk, the automaker’s CEO, and one of its main shareholders.
The United States Securities and Exchange Commission (SEC) has also launched an investigation into the project, known internally at Tesla as “Project 42”and that, among other features, it had a large glass space.
Additionally, WSJ said that Tesla’s own board of directors investigated the company’s multimillion-dollar acquisition of special glass that would have been earmarked for “Project 42.”
Musk moved Tesla’s headquarters from California to Austin in December 2021.