Elon Musk Has To Pay $20 Million Fine And Step Down As Chairman Of Tesla Board
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The SEC has settled with Elon Musk over his tweets about taking the company private. He and Tesla will pay the SEC $20 million each and he’ll step down as chairman of the board of Tesla but he will remain CEO. To announce his stepping down as chairman, he sent the rest of the board a link to The Next Episode by Dr Dre.
Read more at cnbc.com.
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