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ELON MUSK SETTLEMENT IS THE BEST NEWS FOR TESLA STOCK!

3,373 views · Published 30 September 2018 · 4:39 · Indexed 19 October 2026

Channel: Trading Fraternity · 2018 · Education

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Elon Musk and the SEC reached a settlement this Saturday. Although this had an immediate negative effect on Tesla Stock, with this being resolved I think this is one of the best things that could have happened to the company. With the conditions of the settlement requiring a $20M fine, Elon Musk resigning from the board of directors for a minimum of three years and the implementation of 2 independent board directors, I think this is exactly what Tesla needed and it will help them steer clear of problem like this in the future. 

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