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Electric vehicle maker Tesla is reportedly under federal investigation over a mysterious project that may involve building a “glass house” for its chief Elon Musk.
Federal authorities are probing whether the EV company’s funds were being used for Mr. Musk’s personal use. wall street journal reported citing people familiar with the matter.
The US attorney’s office in New York has sent subpoenas to current and former Tesla employees, seeking information about the company’s purchases of hard-to-find manufacturing materials and probing whether the project involved the EV-maker. proper use of funds. Bloomberg.
It appears this strange project is for a “dramatic glass-walled building” close to Tesla’s Texas headquarters magazine noted.
Prosecutors are also reportedly reviewing Tesla’s 2022 purchase order for a construction material – “a special type of glass”.
But the mere investigation by federal agencies does not necessarily mean that further criminal or civil proceedings are likely, as authorities sometimes begin inquiries that may lead to an end.
It is also unclear whether work is still underway on the project, or whether any construction materials were ever delivered.
Tesla did not immediately respond IndependentRequest for Comments.
Mr Musk has previously expressed interest in building a “utopia” in Texas, with a new city built on thousands of acres of agricultural land bought by Tesla outside the state capital, Austin.
In March, the Tesla titan attended a meeting with landowners and real estate agents, where he and his staff outlined their ideas for the project, Independent informed of.
Mr Musk reportedly wants his employees around Austin – including employees of SpaceX, Tesla and The Boring Company – to be able to live in new homes at rents below market value.
Local court documents filed in January also show plans to build more than 100 homes near “Snellbrook”—a reference to The Boring Company’s mascot “Gary the Snail.”
According to Texas law, incorporation of a town requires at least 201 residents and approval from a county judge.
The documents also reveal further plans to build a further 110 homes in “Project Amazing”, the planned city.