Former SEC chair says Musk could be removed as CEO in civil case, go to jail if criminally charged
https://www.cnbc.com/2018/09/27/ex-sec-chair-elon-musk-could-be-removed-as-ceo-face-jail-time-.html
Tesla CEO Elon Musk faces a range of penalties from the civil charges the SEC revealed Thursday, according to a chair of the Securities and Exchange Commission.
"He can face a number of penalties ... he can have fines imposed against him, he can effectively be barred for a period of time or permanently from serving as a principal officer or a director of a public company," Former SEC Chairman Harvey Pitt told CNBC's "Closing Bell" on Thursday. "That last element would of course strike a very severe blow to Tesla."