Elon Musk to Step Down as Chairman of Tesla

Updated: Sep 30, 2018

Photo by Jp Valery on Unsplash

The United States Securities and Exchange Commission has denounced Musk's misleading summer tweets about taking Tesla private. Because of this, both Tesla and Musk face a $20 million fine each. Also, Musk will step down as chairman but stay as the CEO of Tesla. He is also banned from reelection for three years. In a Yahoo! Finance interview, Former U.S Navy SEALS Jocko Willink suggested some tips for Musk: "I think he would need to take more discipline in the way he's focusing on some of his projects, narrow it down, and dial into a couple of key things instead of being so spread out." Willink said.


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