X - Several Companies Under Elon Musk Billed Each Other Approximately $9 Million In Expenses Raising Serious Questions About Corporate Governance | Benzinga
In a recent series of disclosures, Tesla Inc. (NASDAQ: TSLA) offered a glimpse into the financial relationships between Elon Musk's various enterprises, revealing a complex web of transactions totaling $9.1 million.
These disclosures come as part of the preparation for Tesla's annual shareholder meeting in June. The regulatory filings detail payments between companies where Musk holds significant roles, including SpaceX, X (formerly Twitter), and The Boring Company.
Fortune reported that the exchanges notably include SpaceX paying Tesla $2.9 million in 2023 and through February 2024, and Tesla, in turn, paying an unnamed security company owned by Musk $2.9 million for his protection.
Additionally, ...