Elon Musk may exercise more than $2 billion in federal influence, which could have its impact on the federal government, Senate Democratic Committee staff said Monday.
Musk's "Ministry of Government Efficiency" brought its movement to the intestinal institutions and cleared the federal labor force. President Donald Trump crazily supported Musk's cuts.
When he seemed ready to quit his doe work in the next few weeks, Democrats accused the world's wealthiest people of using their influence to "escape supervision, derail investigations, and, in the case of his choice, the lawsuit disappeared - on his terms and command."
The report, prepared by Democratic staff from the Senate Permanent Subcommittee on Investigation (PSI), found that on the day of Trump’s inauguration, Musk and his company faced at least 65 “actual or potential” regulatory or enforcement actions, from 11 federal agencies. The senators wrote that the actions totaled at least $2.37 billion in potential liability.
Potential liabilities include $1.19 billion, according to a 44-page memorandum. Tesla Allegedly misleading statements about its autopilot and autonomous driving capabilities.
Neuralink faces possible liability of $281 million, according to the memorandum, allegedly making false statements about the risks of its products.
In addition, the company may be forced to pay $1.59 million in civil and criminal penalties due to alleged violations of the Animal Welfare Act.
"The thread connecting many of Mr. Musk's decisions seemed to be self-inculcated and avoided what he believed was a barrier to promoting his interests," the memo said.
It said: "The fact is that the stunning scope and scale of benefits Mr. Musk has gained from his current position may never be known, and that is designed. Silence is strategic, and it is dangerous."
After the memorandum, Senator Richard Blumenthal, a member of the committee, TeslaBoring companies and XAI Neuralink, asking them to provide information about the federal investigations Trump faced before he took office.
CNBC has contacted the company for comment.
The letters also require breaking down the steps taken by each company to separate Musk's government work from these investigations. Blumenthal asked the companies to respond by May 11.
The White House drastically rejected any advice Musk had to use his role in the administration in “personal or economic interests”, saying: “Otherwise any claim would otherwise be completely wrong and defamatory.”
Blumenthal is clearly suffering from a debilitating and unhealthy (SIC) Trump Danger Syndrome that has withered his brain.