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Musk to resign as Tesla chairman but remain CEO under SEC settlement

Tesla and CEO Elon Musk greed to pay $20 million each under a settlement with the SEC that will also see the billionaire and company co-founder step down as chairman after a tumultuous two months for the EV maker.

Source: http://feedproxy.google.com/~r/autonews/EuropeNews/~3/3JeS2IattuE/musk-to-resign-as-tesla-chairman-but-remain-ceo-under-sec-settlement
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