Tesla’s Elon Musk settles with SEC, to pay $20 million fine

almost 7 years in The Mercury

Tesla CEO Elon Musk has settled a fraud complaint with the U.S. Securities and Exchange Commission, according to published reports, and has agreed to pay a $20 million fine. The Washington Post reported Saturday that under the terms of the agreement, Musk will remain the company’s chief executive but step down as chairman within 45 […]

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