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