Elon Musk’s firms can avoid penalties from the DOGE

Elon Musk There may be skirts of more than $ 2 billion possible financial commitments, affecting the federal government, A a Report on Monday from the Democratic Senate Committee staff.

Musk’s “Government Efficiency Department” has brought extensive changes to Washington with its flights and burning bowel agencies and federal labor. President Donald Trump Musk supported the cuts.

As he seems ready to retreat from his DOGE Working in the coming weeks, the Democrats accuse the richest in the world of man of using his influence on “evasion, investigations has thwarted and forcing the lawsuits to disappear when he chooses so on his terms and his order.”

A report compiled by an employee Trap Inauguration, Musk and its companies encountered at least 65 “actual” regulatory or execution of 11 federal agencies.

These actions amounted to at least 2.37 billion dollars of potential responsibility, the report said.

Companies include SpaceSpace firm, TeslaElectric vehicles; Neuralink that produces the brain; A sad companytunnel construction firm; and startup artificial intelligence Xai.

As depending on 44-page memoPotential commitments included $ 1.19 billion Tesla Allegedly, to mislead the statement about their autopilot and self -government functions.

Unimaginable She encountered $ 281 million with possible responsibility for allegedly false statements about the risks of her products, according to the memo.

In addition, the company may be forced to pay $ 1.59 million with civilian and criminal punishments for alleged violations of the animal protection law.

“The line that connects many Mr. Musk’s decisions appears to be self -arichin and the avoidance that it perceives as obstacles to promoting its interests,” the statement reads.

“The truth is that the exciting volume and the scale of the preferences, which Mr. Musk is gaining from his current position, can never be known and it is design. Silence is strategic and it is dangerous,” the said.

In the footsteps of the memo, a member of the committee’s ranking, Senator Richard Blumenthal Connecticut, sent letters of five companies led by Musk, asking for information about the federal investigations they faced with Trump’s inauguration.

CNBC turned to companies for comments.

The letters also require checking the steps that each company has taken to maintain the work of the Moscow government separately from these probe. Blumental asks the company to answer until May 11.

The White House dramatically rejected any proposal that Musk used its role in the government for “personal or financial benefit”, saying that “any statement is completely false and defamatory.”

Blumenthal “clearly suffers from a debilitating and unprofessional case of Trump’s disorganization, which brought his brain,” said White House Communications Director Stephen Cheng in an email.