Elon Musk can border more than $ 2 billion in possible financial responsibilities by exercising its influence on the Federal Government, according to a report on Monday of employees of the Senate Democratic Committee.
Musk’s “Efficiency Department” has brought Radical Changes to Washington with its cutting and burning campaign to intestant agencies and purging the federal workforce. President Donald Trump has greedily supported by Musk’s cuts.
As it seems to be ready to step back from their Dux work next week, the Democrats are accusing the richest person in the world of using their influence to “evade supervision, derail the investigations and make litigation and run over.
The report, compiled by the Democratic personnel of the Permanent Senate Research Subcommittee, discovered that on the day of the inauguration of Trump, Musk and its companies faced at least 65 real or potential regulation actions “factions of fachections formection actions.
These shares totaled at least $ 2.37 billion in potential responsibility, says the memorandum.
Companies include Spacex, a space exploration firm, Teslaan electric vehicle manufacturer; Neuralink, which produce brain implants; The Boring Company, a tunnel construction company; and the artificial intelligence startup XAI.
According to the 44 -page memorandum, potential liabilities included $ 1.19 billion in Tesla for allegedly making misleading statements about your autopary pilot and self -control characteristics.
Neuralink faced $ 281 million in possible responsibility for allegedly making false statements about the risks of its product, according to memorandum.
In addition, the company could have been forced to pay $ 1.59 million in civil and criminal sanctions for alleged violations of the Animal Welfare Law.
“Through the line that connects many of Mr. Musk’s decisions, he seems to be self -graded and avoid what he perceives as obstacles to advance in his interests,” says the memorandum.
“The truth is that the impressive scope and the scale of benefits that Mr. Musk is obtaining from its current position can never be known, and that is by design. Silence is strategic and is dangerous,” he says.
Following the memorandum, the committee classification member, Senator Richard Blumenthal of Connecticut, sent letters to the five companies led by musk that were asked to provide information on the federal investigations they faced before the inauguration of Trump.
CNBC has communicated with colleagues to comment.
The letters also request a summary of the steps that each company has tasks to maintain the government work of Musk separated from those probes. Blumenthal asks the companies that respond before May 11.
The White House drastically rejected any suggestion that Musk has used its role in the government for “personal or financial gain”, saying that “any statement otherwise is completely false and defamatory.”
Blumenthal “clearly suffers from a weakening and tireless case of Trump disorder syndrome that gave him the brain,” said White House communications director Steven Cheung, in a statement sent by email.