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One tweet cost Elon Musk his chairman job at Tesla and led to a $40M fine
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.
The post One tweet cost Elon Musk his chairman job at Tesla and led to a $40M fine appeared first on Digital Trends.
Source: https://www.digitaltrends.com/cars/teslas-elon-musk-settles-fraud-lawsuit-steps-down-as-chairman/
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