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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.
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