Elon Musk to Step Down as Tesla Chairman

Electic entrepreneur Elon Musk will settle a suit with the US Securities and Exchange Commission by paying a fine and stepping down as chairman of the Tesla Inc, the electric auto and battery tech company he co-founded in 2003.

Musk will settle an SEC case resulting in tweets the tech exec posted that caused Tesla share prices to veer sharply.

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Maddy Taylor

Journalist and fact checker at The Pluto Daily. University of Miami Ohio alumni class of '09!