That sure was an expensive 420 joke. Tesla CEO Elon Musk has agreed to pay $20 million and step down from his role as chairman of the board of the company he founded for three years, in a deal with the U.S. Securities and Exchange Commission (SEC).
The worst humiliation Elon Musk will have to face won't be the $20 million fine or the loss of his role as chairman. Elon Musk now has to have a boss. Read the rest