Article 6WY14 Elon Musk’s Doge conflicts of interest worth $2.37bn, Senate report says

Elon Musk’s Doge conflicts of interest worth $2.37bn, Senate report says

by
Nick Robins-Early
from Technology | The Guardian on (#6WY14)

Committee calls figure a conservative estimate' and warns Musk may seek to use his influence to avoid legal liability

Elon Musk and his companies face at least $2.37bn in legal exposure from federal investigations, litigation and regulatory oversight, according to a new report from Senate Democrats. The report attempts to put a number to Musk's many conflicts of interest through his work with his so-called department of government efficiency" (Doge), warning that he may seek to use his influence to avoid legal liability.

The report, which was published on Monday by Democratic members of the Senate homeland security committee's permanent subcommittee on investigations, looked at 65 actual or potential actions against Musk across 11 separate agencies. Investigators calculated the financial liabilities Musk and his companies, such as Tesla, SpaceX and Neuralink, may face in 45 of those actions.

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