Elon musk was removed from the leadership of Tesla

Илона Маска отстранили от руководства Tesla

Under the agreement with the US authorities the businessman will not be able to occupy leadership positions in the company the next three years.

The founder of Tesla Elon Musk and the Commission on securities and stock exchanges of the USA have reached an amicable agreement, according to Reuters.

It is noted that the court approved the terms of the agreement, according to which Musk will have to leave the post of head of the Board of Directors of Tesla at least three years.

Also he will have to pay a fine in the amount of 20 million dollars, the same to pay a fine and the company.

In addition, Tesla will hire a special person who will control all public statements Mask, including in social networks.

We will remind, in August, Musk said on Twitter that it is considering a buyout of Tesla stock at a price of 420 dollars for each and affirmed the financial ability to undertake such operations.

But later refused these plans from-for what he was suspected of fraud in order to affect the exchange rate.

In fact the statements of a businessman the investigation began, the U.S. justice Department and the Commission on securities and exchange Commission, dumped shares in the company by 13%.

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