Date: 2 months ago   Category: Auto

Elon Musk on a post of the chairman of the board of Tesla will be replaced by Robin Denkholm


Elon Musk on a post of the chairman of the board of Tesla will be replaced by Robin Denkholm
In a month after Securities and Exchange Commission (SEC) has forced Elon Musk to refuse the role of the chairman of the board of Tesla, the name of his successor has been published.

of Musk will be replaced by Robyn Denholm, working for car maker as the Chairman of the Audit Committee Tesla and, at the same time, as the chief financial director of the largest telecommunication company "Telstra" of Australia.

completely to devote itself to a new role, Denholm will leave the current situation in "Telstra". She will make it after end of the six-months period of the notice and also will stop working as the Chairman of the Audit Committee Tesla.

the Decision of the board of directors of Tesla means final chapter of the saga which has begun on Twitter in August. Then Elon Musk declared the intention to bring Tesla out of the market of public actions, having redeemed from everyone to sell them at the price of 420 US dollars for an action that would mean privatization by him of the company making electric cars. However Securities and Exchange Commission (SEC) has expressed to

fears that Musk actually has for this purpose no finance, and, after refusal of lawyers of settlement of disagreements, SEC has subpoenaed the billionaire on a charge of fraud.

Finally Musk has agreed to resign from the post of the chairman of the board Tesla, to pay a penalty of 20 million US dollars and "not to post the idea and a thought in social networks and other places which could affect stock price".

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