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Musk and Tesla settle SEC charges; $20M fines each, Musk out as chair

Sep 29, 2018 · Finding · legal

Musk and Tesla each agreed to pay $20 million and Musk stepped down as Tesla chairman for three years, with his Tesla communications subject to pre-approval, without admitting or denying wrongdoing.

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Source: SEC.gov | Elon Musk Settles SEC Fraud Charges; Tesla Charged With and Resolves Securities Law Charge

1. SEC.gov | Elon Musk Settles SEC Fraud Charges; Tesla Charged With and Resolves Securities Law Charge

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