Sunday, September 30, 2018

Tesla, Musk pay $40 million to settle Tweet charges, Musk to resign as chairman

The U.S. Securities and Exchange Commission said on Saturday that car-maker Tesla and Chief Executive Elon Musk had agreed to pay $20 million each under a settlement that will also see the billionaire step down as chairman after a tumultuous two months for the company.


from Reuters: Technology News https://ift.tt/2OlYjOC

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