Tesla reportedly suspected Musk was using company funds to build a literal glass house
The Wall Street Journalclaim the EV maker's board launched an investigation over concerns Musk might be using company funds to build a house near the Austin-area Gigafactory. Nicknamed"Project 42," the initiative is believed to involve a purchase of millions of dollars in special glass — large enough that it drew attention from employees last year. Limited liability firms linked to Musk and executives are also known to have bought large volumes of land in the area.
Concepts for the house included either a"twisted hexagon" or a glass cube reminiscent of Apple's 5th Avenue store. This appeared to be personal space as it included bedrooms, bathrooms and a kitchen, the tipsters said. The status and results of the investigation aren't known. Tesla disbanded its PR department years ago, and Musk hasn't commented on the report as of this writing. However, the board reportedly wanted to learn if Musk was involved and whether worker time had been devoted to the house.of the glass order last year, but didn't know about the board or the nature of Project 42.
Executives sometimes receive perks like jets. The policies for these rewards vary, however, and Tesla's approach is relatively strict. The automaker requires a board committee audit for any expense above $120,000 where a related person, like the CEO, has a material interest.Great deals on consumer electronics delivered straight to your inbox, curated by Engadget’s editorial team.
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