Elon Musk will leave the post of Chairman of Board of Directors of Tesla

30 September 2018

But who will benefit?

the Events surrounding Tesla continue to evolve rapidly. Only recently it became known that the Commission on securities and stock exchanges of the USA (SEC) brought official accusation Elon musk for fraud, as today (September 30) the us media announced that the parties had settled the matter. Who won?

As soobshaet Bloomberg, Musk has called the charges unfounded. He did not admit his guilt, but at the same time, agreed to pay a penalty of $20 million and to leave the post of Chairman of the Board of Directors for the next three years.

it Turns out that Elon Musk has lost? On the contrary: the man in the street seems a huge fine for a billionaire is a piece of cake (one only its share in Tesla is estimated at $8.9 billion). As to the loss of the seat of the Chairman of the Board of Directors, it is the lesser of two evils: the Commission sought to Musk also resigned as General Director of the Tesla. Now he will only lose one of these posts.

Tesla Itself also will pay a penalty of $20 million, although she wasn't accused of fraud. What will change in the company in the foreseeable future? The Board of Directors will have a new President (who is unclear) and two new independent Directors. The Mask will also remain a member of the Board of Directors and the CEO (i.e., CEO). While experts can't determine how much of this reshuffle change control system within the company.

While it remains to wait for new details, as well as actions on the part of key actors (Mask, "Tesla" and the Commission). Perhaps fresh news will appear on Monday.