Sunday, September 30, 2018

One tweet cost Elon Musk his chairman job at Tesla and led to a $40M fine

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Tesla co-founder and CEO Elon Musk has settled a lawsuit filed by the SEC. He got the fraud charges dropped by agreeing to step down from his role as Tesla chairman and pay a $20 million fine. The company will pay an additional $20 million.


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One tweet cost Elon Musk his chairman job at Tesla and led to a $40M fine was originally posted by Cars, Cool Gadgets And Car Accessories

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