Shareholders must vote on Musk's return as Tesla chairman

Shareholders must vote on Musk's return as Tesla chairman

6 years ago
Anonymous $oIHRkISgaL

https://phys.org/news/2018-10-shareholders-vote-musk-tesla-chairman.html

Musk and Tesla agreed to pay $20 million each and make concessions to settle an SEC lawsuit alleging Musk duped investors with statements about a plan to take the company private.

The settlement allows Musk to remain CEO but requires him to relinquish his role as chairman for at least three years.

Shareholders must vote on Musk's return as Tesla chairman

Oct 11, 2018, 9:01pm UTC
https://phys.org/news/2018-10-shareholders-vote-musk-tesla-chairman.html > Musk and Tesla agreed to pay $20 million each and make concessions to settle an SEC lawsuit alleging Musk duped investors with statements about a plan to take the company private. > The settlement allows Musk to remain CEO but requires him to relinquish his role as chairman for at least three years.