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Tesla chief gets £15m fine and power cut for misleading investors



CONTROVERSIAL billionaire entrepreneur Elon Musk has been fined more than £15million and forced to quit as chairman of electric car giant Tesla for misleading investors. The action was taken by the US Securities and Exchange Commission following the South Africanborn inventor’s claim on Twitter in August that he was considering taking Tesla private at $420 a share and had secured funding.

from Daily Express :: News Feed https://ift.tt/2QlDaS2
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