Home » Elon Musk’s DOGE Adventure Leads to Knotty Accounting Question for Tesla

Elon Musk’s DOGE Adventure Leads to Knotty Accounting Question for Tesla

Elon Musk’s DOGE Adventure Leads to Knotty Accounting Question for Tesla

Disclosure rules mean Tesla could have to designate the U.S. government as a related party

How much influence does Elon Musk have over the U.S. government? Enough that Tesla TSLA -0.65%decrease; red down pointing triangle will need to make a judgment call on a disclosure issue that once would have been unthinkable for an American private-sector company to contemplate.

Here is the question at hand: Are Tesla and the government “related parties” for purposes of generally accepted accounting principles? The answer would appear to be yes, as wild as that might seem.

https://www.wsj.com/finance/elon-musks-doge-adventure-leads-to-knotty-accounting-question-for-tesla-d33a784e

https://www.wsj.com/finance/elon-musks-doge-adventure-leads-to-knotty-accounting-question-for-tesla-d33a784e