Elon Musk Out as Tesla Chairman After SEC Settlement, Remains CEO
Elon Musk is getting a job title change ...
because he'll no longer be a Tesla chairman after reaching a settlement with the SEC.
The Securities and Exchange Commission has settled with Musk after hitting him with a lawsuit this week for misleading investors after he tweeted in August ...
"Am considering taking Tesla private at $420.
Funding secured." According to the legal docs ...
Musk will have to pay a civil penalty of $20 million as part of the
