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Glass House

All articles tagged with #glass house

business4 months ago•10 min saved

Ford to Relocate Headquarters and Demolish Iconic Glass House in Dearborn

Ford is relocating its global headquarters to a new, modern glass building called the Hub in Dearborn, Michigan, aiming to enhance collaboration and attract talent, while demolishing its historic Glass House. The move reflects industry trends towards more integrated and flexible workspaces, with the new HQ expected to open in November 2025 and significantly expand capacity and amenities, including outdoor spaces and sustainable design features.

via The Detroit News|

#business #dearborn #ford

business2 years ago•3 min saved

Tesla Under Federal Investigation for Secret Glass House Project, Reports Say

Tesla is under investigation by the Securities and Exchange Commission (SEC) and federal prosecutors for allegedly using company funds to build a secret glass house for CEO Elon Musk in Texas. The U.S. Attorney's Office for the Southern District of New York is seeking information on the amount spent on the project and personal benefits paid to Musk. The SEC has also opened a civil investigation. Tesla may not face charges or formal allegations. SEC regulations require public companies to disclose perks paid to top executives. The results of Tesla's internal probe and whether the glass was delivered are unknown.

via Forbes|

#business #elon-musk #federal-probe

business2 years ago•2 min saved

Elon Musk's Alleged Glass Mansion Investigated by Tesla

Tesla reportedly funded a secret project, known as Project 42, to build a glass house for CEO Elon Musk near the company's Austin headquarters. The project involved purchasing millions of dollars worth of specialized glass, leading to concerns about potential misspending and an internal investigation. Renderings of the glass house included residential features and a waterfall, as well as a futuristic pickup truck. The results of the investigation and the status of the project are unknown. This lavish lifestyle pivot contradicts Musk's previous claims of low-maintenance living.

via Forbes|

#austin #business #elon-musk

business2 years ago

Internal Tesla Probe Launched Over Elon Musk's Glass House

Tesla is conducting an internal investigation after a glass house was built for CEO Elon Musk on the grounds of the company's factory in Fremont, California. The glass house, which reportedly cost millions of dollars, has raised concerns among Tesla executives about potential conflicts of interest and the use of company resources for personal purposes. The investigation comes as Tesla faces scrutiny over its corporate governance practices and Musk's influence over the company.

via The Wall Street Journal|

#business #elon-musk #glass-house