Tesla (TSLA) Musk settlement would have barred him from Chairman for two years; Would require the company to add 2 new independent directors - CNBC

Tesla (NASDAQ: TSLA) CEO Elon Musk settlement would have barred him from Chairman for two years, CNBC's David Faber reported. Would require the company to add 2 new independent directors. A fine was also involved.

Mr. Musk's lawyer turned away the deal at the last minute.

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