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September 29, 2018 09:35 pm GMT

Elon Musk agrees to resign as Tesla chairman in settlement with SEC

Tesla CEO Elon Musk will step down as chairman of the electric automaker and pay a $20 million fine under a settlement reached with the U.SSecurities and Exchange commission. Musk will remain CEO. Musk will resign from his role as chairman of the Tesla board within 45 days of the agreement, which was filed Saturday. […]

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