• Elon Musk says tweet that cost him $20 million was ‘worth it’

    Elon Musk says tweet that cost him $20 million was ‘worth it’

    Published Date : 27-Oct-2018 7:48:22 IST

    Tesla CEO Elon Musk said the $20-million penalty he was given for announcing on Twitter that he had funding to take the carmaker private was “worth it”. Tesla and Musk settled with the US Securities and Exchange Commission and agreed to pay $20 million each as fine. The billionaire had also agreed to step aside as chairman for three years.

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