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"The announcement late Wednesday comes ahead of a Nov. 13 deadline that was part of Mr. Musk’s settlement with the U.S. Securities and Exchange Commission to en
by Majestic121 8y ago
"The announcement late Wednesday comes ahead of a Nov. 13 deadline that was part of Mr. Musk’s settlement with the U.S. Securities and Exchange Commission to end claims he misled investors. That deal required Mr. Musk to step aside as head of the board for three years in favor of an independent chairman."
He is being forced out due to legal issues, I don't think it's a statement from the board against Musk specifically