Elon Musk will leave the post of head of the board of directors Tesla

Elon Musk will leave the post of head of the board of directors Tesla, but will remain the general director of the company. Thiswas reported in the press release of the Commission on Securities and Exchange of CCC.

Mask concluded an agreement with the American regulator, according to which he will not put forward his candidacy and claim the post of head of the board of directors in the next three years. He will also pay a fine of $ 20 million. A separate fine, also $ 20 million, will pay Tesla.

The Securities and Exchange Commission accused the entrepreneur of forgery and the misleading of shareholders by a tweet on the possible transformation of Tesla into a private company.

On August 7, Elon Musk published a message on Twitter in which he announced his readiness to buy securities of the company from investors at a price of $ 420 per share. This tweet led to an increase in Tesla stock prices by almost 11%. A group of shareholders of the company filed a lawsuit against the mask, since due to the unreliable information published by it, they suffered losses. It turned out that the decision to turn Tesla into a private company was not officially made.

Read also the analyst of the Finam group Leonid Delitsyn "Show Mask: as the owner of Tesla with one tweet earned millions and the case of market manipulation."