Federal Agencies Investigate Tesla Over Secret Glass House Project for CEO Elon Musk
- Federal prosecutors and the SEC are investigating Tesla's use of company funds for a secretive "Project 42" to build a glass house for CEO Elon Musk near the company's Texas headquarters.
- Investigators are seeking information on the project's costs, purpose, and any personal benefits given to Musk through the company's spending.
- Tesla previously conducted an internal probe over concerns about misuse of resources for the project, but details were never disclosed.
- The federal investigations are in early stages and may not lead to formal allegations or charges against Tesla or Musk.
- Separately, federal agencies are also investigating claims that Tesla misled consumers about the capabilities of its Autopilot driver assistance system.