Sunday, 30 September 2018

Musk to resign as Tesla chairman, remain as CEO in SEC settlement

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.



from Reuters: Business News https://ift.tt/2xKGz64
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