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September 28, 2018Musk to resign as Tesla chairman, remain as CEO in SEC settlement
September 29, 2018This post was originally published on this site
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 step down as chairman after a tumultuous two months for the company.