Saturday, September 29, 2018

Elon Musk to Step Down as Tesla Chairman, Pay $20 Million to Settle Lawsuit Over '420' Tweet

The Securities and Exchange Commission had charged Elon Musk with securities fraud, alleging that he misled investors when he tweeted on August 7 that he had "funding secured" to privatise the electric automaker at $420 a share.

from Top World News- News18.com https://ift.tt/2QjnuP3

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