'Justice Department Probe Scrutinizes Elon Musk Perks At Tesla Going Back Years; Federal Prosecutors Also Have Sought Information About Transactions Between Tesla And Other Entities Related To The Billionaire' - WSJ
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The Justice Department is investigating personal benefits that Tesla may have provided to Elon Musk since 2017. The probe is part of a criminal investigation examining issues including a proposed house for the CEO.
September 19, 2023 | 6:33 pm
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Tesla is under scrutiny by the Justice Department over personal benefits provided to CEO Elon Musk. The investigation could potentially lead to legal and regulatory consequences for the company.
The news of a Justice Department probe into Tesla's benefits to Elon Musk is likely to create uncertainty among investors, potentially leading to a negative impact on the company's stock price in the short term. The extent of the impact will depend on the outcome of the investigation.
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