Elon Musk forced to step down as chairman of Tesla, remains CEO
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Elon Musk has reached a settlement with the Securities and Exchange Commission on the charges filed earlier this week over his abandoned attempt to take Tesla private. Musk will have to step down as the chairman of Tesla within 45 days, and will not be able to take that role with the company again for three years. He will be able to remain Tesla’s CEO during that time.
Read the whole news here.
The point of posting it here is, what do you guys think about its effect on R&D?
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