A significant security lapse at Tesla has resulted in Elon Musk’s aide, Marko Elez, inadvertently gaining full access to the company’s Treasury payments system, rather than the intended read-only privileges. This incident has sparked serious concerns regarding the internal financial controls within Musk’s business operations.
Insiders report that Elez was meant to monitor transactions, but a system glitch granted him higher-level access, which could have allowed for unauthorized transactions. The error was later identified, leading to an immediate review of Tesla’s payment security measures to avert similar issues in the future.
This situation underscores the dangers of human error in corporate finance, particularly in firms managing billions in international transactions. Experts recommend that stricter access controls and multi-layer verification are essential to protect sensitive financial systems.
While Tesla has not yet issued an official statement, sources suggest that no funds were misused. Nonetheless, this incident acts as a wake-up call for companies to improve cybersecurity and internal oversight in their financial processes.
