UPDATE 3-Musk to resign as Tesla chairman, remain as CEO in SEC settlement
29 Sep UPDATE 3-Musk to resign as Tesla chairman, remain as CEO in SEC settlement
Posted at 01:17h
in
News
by KMFSLLP
Tesla Inc
and Elon Musk have agreed to pay $20 million each to
financial regulators and the billionaire will step down as the
company’s chairman but remain as chief executive, under a
settlement that caps a tumultuous two months for the carmaker.
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