Oct 1, 2018 - Energy & Environment
Podcast: Elon Musk's surprise settlement
Dan and Axios' Felix Salmon discuss the settlement between Tesla's Elon Musk and federal securities regulators, which includes a requirement that Musk step down as Tesla's chairman for three years.
"Musk's tweets were reckless and untrue and, even if he’d somehow prevailed in court, it would have only been after months of uncertainty for Tesla employees, shareholders and customers. Now he and the company can get back to making cars, not controversy."
- Go deeper: Elon Musk and the SEC both cave