The Wall Street Journal reports that federal authorities are looking into Tesla’s mysterious relationship with a secret project, which is widely believed to be a luxury residence for the mysterious Elon Musk.
Prosecutors hope to learn the truth about how the electric vehicle giant used company money on a secret initiative, and the probe has begun like a page from a thrilling thriller. This clandestine operation, known internally as the “Musk House,” has captivated the interest of both those on the inside and those on the outside.
The maverick CEO of Tesla, Elon Musk, has been silent, and the U.S. Attorney’s office in Manhattan, which is conducting the investigation, has made no public statements about the case so far.
The Journal drops enticing indications that this hidden home can be found in the center of Austin, Texas, but refuses to reveal the project’s price tag.
However, rumors about Tesla’s internal inquiry into possible resource waste for this mysterious initiative first appeared in a Journal report in July, so this story isn’t brand new. Tesla’s board members conducted their own investigation, revealing a web of intrigue at the heart of the corporation.
According to the Journal, the United States Securities and Exchange Commission has launched its own civil investigation into the ongoing drama.
The SEC is notoriously secretive, so it has said nothing about the investigation’s progress. Such regulatory inspections give the impression of an empire under close watch.
However, the legal process is just getting started, and it is unclear whether or not these inquiries will result in official charges. The Journal warns its readers not to draw any firm conclusions just yet, saying that further information is needed.
Federal prosecutors have begun an investigation to see whether Elon Musk, formerly the richest man in the world, has received any improper favors.
Their primary concerns center on learning more about the scope of Tesla’s involvement in the enigmatic project and its intended use. The suspenseful element of not knowing what would happen next is what keeps readers turning pages.
There’s more to this riveting story, though. As a twist, authorities are looking at something even more crucial to Tesla: the company’s electric automobiles, rather than just the mysterious home.
In particular, they are trying to figure out why Tesla vehicles sometimes have a shorter actual driving range than stated.
In July, Reuters reported that Tesla’s electric vehicles’ actual ranges were far shorter than their promised ranges and lower than the estimations produced by the vehicles’ own equipment. Professionals who have driven or researched these vehicles weighed in, casting doubt on the company’s electric prowess.
The entire world is keeping a close eye on the ongoing investigations. Tesla, the innovative electric car company, is forging new ground. The federal government is keeping a close eye on the mysterious Musk, the cloaked mansion, and the electric automobiles of the future.
What surprises lie in store, and how will they alter the history of one of the world’s most powerful corporations? In this ongoing drama, only time will tell.