Judge approves Tesla SEC settlement

Elon Musk in his McLaren F1, 1999A federal judge in New York gave final approval Tuesday to the $40 million settlement between Tesla, its chief executive officer Elon Musk, and the SEC over Musk’s tweets about plans to take the company private. The approval comes following Musk’s tentative settlement on Sept. 29, in which he agreed to step down as chairman of Tesla’s board of…
Source: Hybrid and Electric Car News and Reviews