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You are at:Home » ‘130 Days Of Elon Musk’: Elizabeth Warren Releases Blistering Report Accusing Tesla CEO Of More Than 100 Power Abuses – Tesla (NASDAQ:TSLA)
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‘130 Days Of Elon Musk’: Elizabeth Warren Releases Blistering Report Accusing Tesla CEO Of More Than 100 Power Abuses – Tesla (NASDAQ:TSLA)

News RoomNews RoomJun 4, 2025 3:36 am EDT0 ViewsNo Comments3 Mins Read
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Elon Musk has actually been implicated of exploiting his function in the Trump administration to advance his individual and service interests, according to a report launched on Tuesday by the workplace of Sen. Elizabeth Warren (D-Mass).

What Taken Place: Entitled “ 130 Days of Elon Musk,” the report inspects Musk’s actions throughout his time as a “unique civil servant” under President Donald Trump It declares that Musk and his partners were associated with various doubtful activities, raising issues about corruption, principles, and disputes of interest.

The 14-page report lists over 100 circumstances where Musk is thought to have actually misused his position to get favors for his personal interests. The report implicates Musk of neglecting standards at a disconcerting rate and taking part in outrageous habits, despite prospective prosecution.

Tesla did not instantly react to Benzinga’s ask for remark.

Warren’s group likewise implicates Musk of leveraging the federal government to promote his organizations, consisting of Tesla TSLA, SpaceX and xAI The report highlights the improvement of the White Home yard into a short-lived Tesla display room and the expedition of brand-new profitable agreements by the Trump administration and federal government firms with Musk’s business.

It likewise highlights 6 circumstances in which the Trump administration or federal firms either stopped enforcement actions versus Musk’s business or when the Department of Federal Government Ethics (DOGE) stepped in with firms examining those business.

” Musk’s business have actually gotten or are being thought about for big agreements with the federal government, with foreign federal governments, and with other economic sector business,” the report states.

Most Current Start-up Financial Investment Opportunities:

SEE LIKEWISE: After 4 Months, Elon Musk Discovered What Every American Currently Knows, States Ross Gerber: ‘Nobody In Federal Government Wants To Cut Any Budget Plan’

Why It Matters: The accusations versus Musk followed a series of public calls by Warren for examinations into his activities. In Might, Warren advised the Department of Defense to guarantee competitive AI contracting, especially because of Musk’s AI chatbot, Grok, acquiring traction within the federal government. The Senator did not particularly discuss Grok, however highlighted the requirement for competitive AI contracting to avoid monopolization.

Moreover, on June 2, 2025, Warren doubled down on her allegations that Musk taken advantage of Trump’s tariffs, requiring a federal examination into what she identified “book corruption.” Warren declared that Starlink, Musk’s satellite web endeavor, got beneficial foreign operating allows around the very same time Trump enforced broad tariffs throughout trade settlements.

Significantly, Elon Musk ended his 130-day period as DOGE leader a week back and has actually been freely vital about Trump’s ‘Big, Beautiful Costs’ on numerous celebrations.

Image through Shutterstock

Disclaimer: This material was partly produced with the assistance of AI tools and was evaluated and released by Benzinga editors.

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These Analysts Increase Their Forecasts On Dollar Tree After Upbeat Earnings – Dollar Tree (NASDAQ:DLTR)

Jun 5, 2025 10:15 pm EDT

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