ALERT: Tesla's Musk to resign as chairman but remain CEO in settlement with SEC

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September 29, 2018
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Tesla's Musk to resign as chairman but remain CEO in settlement with SEC Tesla's Musk to resign as chairman but remain CEO in settlement with SEC

Reuters

The Securities and Exchange Commission said on Saturday that Tesla and CEO Elon Musk had agreed to pay $20 million each under a settlement that will also see the billionaire step down as chairman after a tumultuous two months for the company.

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