Elon Musk Investigated by Tesla Board for Proposed Glass Mansion

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Elon Musk, CEO of Tesla, reportedly faced a discreet investigation by the company’s board over allegations of misusing company resources in a project to build a glass-walled mansion near Tesla’s Texas headquarters. The project, known internally as ‘Project 42’ and described as a mansion for Musk, involved constructing a dramatic glass-walled building near Tesla’s gigafactory in Austin. The board’s investigation was prompted by a large purchase order for specialized glass, which raised concerns about potential misuse of company resources. However, the outcome of the investigation and the status of the project remain unclear.

The plans for the glass-walled mansion included renderings that depicted a residential area with bedrooms, bathrooms, and a kitchen. Some Tesla employees speculated that the project could also incorporate a museum or other features. The building itself has not been constructed, leaving Tesla insiders uncertain about the project’s current status.

Tesla board members and Musk have not provided any comment on the matter. Tesla does not have a media relations department and does not respond to press inquiries. Therefore, the exact details of the investigation and the reasons for the potential misuse of resources are still unknown.

The glass purchase order that triggered the investigation was reportedly flagged to Tesla’s finance and internal audit groups. The investigation focused on whether executives within Musk’s inner circle had used the company’s influence to obtain expensive, specialized glass for a project that ultimately served Musk’s personal interests.

Elon Musk’s living situation has previously been a subject of speculation. In May 2020, Musk tweeted, I will own no home, and subsequently sold all of his California mansions for over $100 million. He is reported to own a modest home in Boca Chica, Texas, near the SpaceX launch site. Musk has been spending a significant amount of time at Twitter’s San Francisco headquarters after his acquisition of the company for $44 billion last year.

In recent days, Musk has faced a new challenge as the owner of Twitter after Meta, the parent company of Facebook, launched a rival service called Threads. The app quickly gained popularity, attracting over 100 million sign-ups within five days. This achievement dethroned ChatGPT as the fastest online platform to reach this milestone. Twitter, in response, has threatened to sue Meta, accusing the social media giant of using trade secrets and other confidential information.

Elon Musk and Mark Zuckerberg, CEO of Meta, have had a public feud in the past, even joking about a potential cage fight between them. Musk’s recent involvement with Twitter has further escalated their rivalry. However, legal experts believe that Twitter’s claim against Meta may be difficult to prove.

In conclusion, Tesla board members discreetly investigated allegations of Elon Musk misusing company resources in a project to build a glass-walled mansion near the company’s Texas headquarters. The status of the project and the outcome of the board’s investigation remain unclear. Musk and Tesla’s board have not commented on the matter. Musk’s living situation and his ownership of various properties have been a subject of speculation. Additionally, Musk has recently faced challenges as the owner of Twitter after Meta launched a competing app called Threads.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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