Oct 11, 2018
Shareholders must vote on Musk's return as Tesla chairman
Shareholders must vote on Musk’s return as Tesla chairman
If Tesla CEO Elon Musk wants to return as chairman, shareholders will have to vote on it.
The requirement is detailed in a court brief filed jointly on Thursday by Tesla and the Securities and Exchange Commission. The brief was required by a federal judge who must approve a securities fraud settlement reached with Musk and the company last month.
Musk and Tesla agreed to pay $20 million each and…
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