By exercising his influence on the federal government, Elon Musk can rock more than 2 billion US dollars in possible financial liabilities, a new report by the Democratic Committee of the Senate Committee on Monday.
Musk's 'Department of Government Efficiency', with his slash-and-Burn campaign, brought comprehensive changes to Washington. President Donald Trump eagerly supported Musk's cuts.
When he resigned from his work in the coming weeks, the Democrats accuse the richest person in the world to use his influence in order to “devalue supervision of derailing and letters to disappear whenever he decides – on his conditions and in his command”.
In the report, which was compiled by the democratic employee of the Senate's constant sub -committee for investigations (PSI), showed that Musk and his companies were confronted with at least 65 “actual or potential” regulatory or enforceable measures from 11 federal authorities on the day of the inauguration of Trump. The senators wrote these measures for potential liability of at least 2.37 billion US dollars.
Read more CNBC policy reporting
After the 44-page memo, the potential liabilities included $ 1.19 billion Tesla For supposedly misleading statements about his autopilot and self-driving features.
Neuralink was suspended on risks from his product in accordance with the memo of 281 million US dollars for alleged liability due to allegedly false statements.
In addition, the company could have been forced to pay 1.59 million US dollars in civil and punishment for alleged violations of the Animal Welfare Act.
“The average line, which combines many of Mr. Musk's decisions, seems to undergo and avoid what he perceives as obstacles to promoting his interests,” says the memo.
“The truth is that the breathtaking scope and the scale of the advantages that Mr. Musk wins from its current position could never be known, and that is the design. The silence is strategic and dangerous,” it says.
After the memo, the ranking member of the committee, Senator Richard Blumenthal, Conn. TeslaNeuralink, the boring company and Xai – ask you to provide information about the federal investigations with which you were faced with Trump's inauguration.
CNBC made the companies for a comment.
The letters also require an overview of the steps that every company has taken to keep Musk's government work separated from these probes. Blumenthal asks the companies to respond until May 11th.
The white house rejected the proposal that Musk used its role in the government for “personal or financial gain”, strongly and said: “Any claim is otherwise completely wrong and defamatory.”
Blumenthal “clearly suffers from a weak and unknown and unknown [sic] Fall of the Trump -Syndrome, which his brain has withered, ”said Steven Cheung's communication director of the White House, Steven Cheung.
Comments are closed.