3 ms·

I thought the original deal included a ban on being a public company officer/director, and the new one was restricted to Tesla. Matters for SpaceX, which might

by rdl 8y ago

I thought the original deal included a ban on being a public company officer/director, and the new one was restricted to Tesla. Matters for SpaceX, which might go public, and which I hope he cares a lot more about than a car company.

dbt00 8y ago
That was the threat the SEC put in their public filing after Elon/Tesla turned down the first offer.
ubernostrum 8y ago
Both settlement offers included Musk stepping down as chairman for a period, but being able to remain as a director. The suit filed after he rejected the first settlement included the threat of banning him from serving as a director.