DOJ, SEC investigate Tesla over secret project for Musk’s house, media reports

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DOJ, SEC investigate Tesla over secret project for Musk’s house, media reports
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Prosecutors are investigating Tesla’s use of company funds on a secret project that had been described internally as a house for chief executive Elon Musk

use of company funds on a secret project that had been described internally as a house for Chief Executive Elon Musk, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Neither Musk nor a spokesman for the U.S. Attorney’s office in Manhattan immediately responded to requests for comment. No dollar figures were disclosed, and the newspaper said the house was near Austin, Texas. The Journal reported in July that Tesla board members had investigated whether company resources were misused on the effort.Checking box will enable automatic data updates.

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