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Tesla names two independent directors as part of SEC deal

Updated : December 28, 2018 07:27 PM IST

Under an agreement with the US Securities and Exchange Commission, Musk agreed to pay a $20 million fine and step aside as Tesla's chairman for three years to settle charges that could have forced his exit.
Tesla also agreed to appoint an independent chairman, two independent directors and a board committee to control Musk's communications.
Tesla names two independent directors as part of SEC deal
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