Sunday , June 13 2021

After the scandal, Tesla defined the Musk relay

Tesla appointed Robyn Denholm as the new chairman of the board of directors of the company to replace Elon Musk, who resigned after an agreement with the US regulatory authorities.

The nomination of Denholm, so far the financial director of Telstra, an Australian telecommunications company, will take effect immediately, Tesla said in a statement late Wednesday. Denholm had already served on the board of Tesla until 2014.

Musk resigned in October as chairman of the board after an agreement with the Securities and Securities Commission (SEC), which oversees the US stock exchange. The SEC accused Musk of fraud for a tweet saying that he wanted to recover the company and that he had the funds for it.

The SEC also imposed the $ 20 million payment to Tesla, although it allowed Musk to continue as CEO.

Source: AFP

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