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10-18-2018, 08:06 PM
Well, it’s official.*Reuters reports that*Judge Alison Nathan has approved the U.S. Securities and Exchange Commission’s settlement with Tesla chairman and CEO Elon Musk. Under the agreement, Musk will resign as chairman for at least three years and pay a $20 million fine. Tesla will need to replace Musk with an independent chairman, appoint two new...
The post Elon Musk to Resign as Tesla Chairman (https://www.automobilemag.com/news/elon-musk-to-resign-as-tesla-chairman-now-that-judge-has-approved-sec-settlement/) appeared first on Automobile Magazine (https://www.automobilemag.com).
More... (https://www.automobilemag.com/news/elon-musk-to-resign-as-tesla-chairman-now-that-judge-has-approved-sec-settlement/)
The post Elon Musk to Resign as Tesla Chairman (https://www.automobilemag.com/news/elon-musk-to-resign-as-tesla-chairman-now-that-judge-has-approved-sec-settlement/) appeared first on Automobile Magazine (https://www.automobilemag.com).
More... (https://www.automobilemag.com/news/elon-musk-to-resign-as-tesla-chairman-now-that-judge-has-approved-sec-settlement/)