The Miami Entrepreneur

: Elon Musk’s perks at Tesla under Justice Department scrutiny: report

Federal investigators are widening a probe of benefits Tesla Inc. TSLA provided to Chief Executive Elon Musk as part of a criminal investigation, according to the Wall Street Journal on Tuesday. The Journal reported that the Justice Department was probing personal benefits Tesla has provided the billionaire CEO since 2017, including a proposed house, citing unnamed sources close to the matter. The new information indicates that federal prosecutors are interested in a broader investigation than reported in late August, the Journal said. Tesla shares rose 0.7% in recent activity, compared with a 0.2% decline on the S&P 500 index SPX.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post : Hyundai to invest $12.6 billion in EV manufacturing, battery production in Georgia
Next post : U.S. oil futures end lower for the first time in four sessions