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Trending FOX BUSINESS News: Musk out as Tesla chair, remains CEO in $40M SEC settlement


Musk out as Tesla chair, remains CEO in $40M SEC settlement


Tesla and its CEO Elon Musk have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company.

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