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PostedSep 2909/29/2018, 09:54 PM
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Elon Musk and Tesla Settle With S.E.C. in Fraud Case Elon Musk, Tesla’s chief executive, reached a deal with the Securities and Exchange Commission on Saturday to resolve a securities fraud case. The settlement will force Mr. Musk to step aside as chairman for three years and pay a $20 million fine. https://www.nytimes.com/2018/09/29/business/tesla-musk-sec-settlement.html