Tesla CEO Elon Musk’s $1 million giveaway might violate federal law according to Justice Department

Tesla CEO Elon Musk's $1 million giveaway might violate federal law according to Justice Department

As a seasoned gamer who has navigated countless virtual worlds, I find myself intrigued by this real-life twist of fortune and law. Elon Musk, a tech visionary known for pushing boundaries, is offering $1 million to registered voters daily, potentially violating federal law.


In simpler terms, Elon Musk, head of Tesla, announced his political action committee would gift $1 million to an unspecified individual who signs a specific petition. However, the Justice Department has warned that this lottery-like scheme could potentially breach federal laws since it requires participants to be registered voters.

Today, Kristine was chosen to receive the $1 MILLION reward for endorsing our petition advocating for the Constitution.

— America (@america) October 21, 2024

On October 23, 2024, CNN disclosed that the Justice Department had cautioned Tesla’s CEO, Elon Musk, about his $1 million daily prize for signing a petition, as this promotion might conflict with federal law. This announcement regarding the giveaway was made during an event supporting Donald Trump’s presidential campaign in Harrisburg, Pennsylvania.

At the gathering, Elon expressed a goal to garner over a million, potentially even two million signatures on a petition advocating for the First and Second Amendment. He also announced a daily giveaway of $1 million to individuals who have signed the petition, starting immediately and continuing until the election. However, it’s important to note that only registered voters are eligible to sign this petition.

Tesla CEO Elon Musk's $1 million giveaway might violate federal law according to Justice Department

Each day up until Election Day, one individual who has signed up will be chosen to receive $1 million as a spokesperson for the America PAC, according to Elon Musk’s PAC, shared on social media via videos featuring the winners. However, CNN clarifies that these recipients have earned the money by meeting certain criteria; they are not just given it. The contest is only open to registered voters in specific states: Arizona, Michigan, Georgia, Nevada, North Carolina, Pennsylvania, or Wisconsin.

As a devoted fan, I’m eagerly anticipating that the grand total of this giveaway could potentially reach approximately $17 million by November 4, if all eligible entries are accounted for. Meanwhile, Elon Musk’s staggering net worth currently stands at an impressive $243.4 billion!

As a devoted follower, I can’t help but notice that Elon Musk seems to be no stranger to receiving cautions from different government entities and regulatory boards. In the past, this billionaire tycoon was even threatened with legal action by the EU over allegations of misinformation on his social media platform. More recently, the United Auto Workers have filed a labor lawsuit against both Elon Musk and Donald Trump, due to comments they made about terminating workers who go on strike.

As the U.S. presidential election approaches on November 5, 2024, many people will undoubtedly focus their attention on the Justice Department, as they decide if these financial transactions break federal regulations.

Read More

Sorry. No data so far.

2024-10-24 03:57