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.


Source: Business

Leave a Reply

Your email address will not be published. Required fields are marked *

4 × 1 =