cageymaru
Fully [H]
- Joined
- Apr 10, 2003
- Messages
- 22,086
A U.S. judge approved the settlement between Elon Musk, Tesla and the SEC. The settlement means that Elon Musk will lose his position as chairman at the electric car company for 3 years. He has to pay a $20 million fine and has agreed to have his communications controlled by a board committee. Tesla has to hire an independent chairman, two independent directors and pay a $20 million fine.
"Just want to [sic] that the Shortseller Enrichment Commission is doing incredible work," Musk, a frequent critic of investors betting against the company, wrote. "And the name change is so on point!"
"Just want to [sic] that the Shortseller Enrichment Commission is doing incredible work," Musk, a frequent critic of investors betting against the company, wrote. "And the name change is so on point!"