Tesla Begins New Anti-Fraud Department

According to a recent job listing, electric vehicle producing giant Tesla has started a new anti-fraud department.

The job listing, which was posted on July 19th, shows Tesla is increasing its efforts to prevent fraud within the company. The listing was posted on the company’s careers page as well as syndicated to LinkedIn recently.

Tesla’s new Global Fraud Management team is tasked with preventing or detecting fraud, waste and abuse at the company.

According to the recruiting ad, Tesla is looking for a “Manager, Financial (Anti-Fraud) Analytics & Investigation,” to helm a new group.

An excerpt from the ad reads, “Global Fraud Management is a new team established to promote and foster a culture of ethical behavior and to mitigate fraud, waste, and abuse through prevention, investigation, and remediation. In this role, the ideal candidate would work with key stakeholders to build the global fraud strategy for Tesla and develop a world-class fraud prevention, detection, and response team.’”

In an e-mail to employees, CEO Elon Musk had written, “As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil and gas companies, the wealthiest industry in the world—they don’t love the idea of Tesla advancing the progress of solar power and electric cars.”

Disclaimer: We have no position in Tesla Inc. (NASDAQ: TSLA) and have not been compensated for this article.