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DETROIT | Tesla names new board chair in settlement with regulators

DETROIT — Tesla’s board has named one of its own as chairman to replace Elon Musk, complying with terms of a fraud settlement with U.S. securities regulators.

The electric car and solar panel company’s board on Thursday named Australian telecommunications executive Robyn Denholm as chairman, effective immediately.

Denholm will step down as chief financial officer and strategy head at Australia’s…

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#Electric Car #fraud settlement #helping elon #settlement deal #strategy head #Tesla private #TodayNews

#Fraud Settlement #close budget shortfall

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Georgia would use roughly $100 million from a legal settlement to fund infrastructure programs meant to attract new employers and jobs under a budget deal announced Monday.

#Georgia #Fraud Settlement #infrastructure #$100 million

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