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Old 09-30-2018, 01:14 PM
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Default Tesla and its CEO Elon Musk to pay $40 million to settle with SEC

Tesla and its CEO Elon Musk to pay $40 million to settle with SEC

09-29-2018 02:51 PM

Tesla chief executive Elon Musk agreed to pay a $20 million fine and step down as board chairman as part of a settlement with the Securities & Commission that he misled investors about his plans to take the company private. Tesla will separately pay another $20 million.


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