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Musk gives up Tesla chairman role in SEC settlement

Saturday, September 29, 2018 - 01:36

The U.S. Securities and Exchange Commission said on Saturday that car-maker Tesla and Chief Executive Elon Musk had agreed to pay $20 million each under a settlement that will also see the billionaire temporarily step down as chairman.

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The U.S. Securities and Exchange Commission said on Saturday that car-maker Tesla and Chief Executive Elon Musk had agreed to pay $20 million each under a settlement that will also see the billionaire temporarily step down as chairman.

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Musk gives up Tesla chairman role in SEC settlement

Saturday, September 29, 2018 - 01:36