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Sep 29, 2018

SEC settles charges with Tesla’s Elon Musk, will remain as CEO but relinquish chairman role and pay stiff fine

Posted by in category: Elon Musk

The Securities and Exchange Commission settled charges with Tesla CEO Elon Musk over his aborted bid to take the company private, with the billionaire remaining as the helm of the company but relinquishing his chairman title and getting slapped with a hefty fine.

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