Billionaire and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk faces an investigation from the Justice Department over a secretive project that included rumors of a glass house being built.
Here’s the latest in the ongoing case.
What Happened: The wealth of Musk has increased substantially in recent years, on the heels of the success of Tesla and its soaring valuation since going public in 2010.
Federal prosecutors are looking into personal benefits Musk may have received while leading Tesla, according to a report from the Wall Street Journal (WSJ).
The updated information includes prosecutors looking back at benefits received by Musk since 2017.
The update comes months after the Justice Department and Securities and Exchange Commission were investigating the potential use of company funds to build a house made with glass for Musk, according to the WSJ.
Prosecutors are working to ...