| ▲ | dogscatstrees 4 hours ago | |
Will probably see a settlement Musk-style: Under the settlement: - Chairmanship: Musk was required to resign and was prohibited from serving as chairman for three years. - CEO position: He was allowed to remain CEO. - Financial penalty: Musk personally paid a $20 million penalty, and Tesla paid another $20 million. - Corporate oversight: Tesla was required to strengthen its board oversight and controls over Musk's public communications. NVIDIA does not have a board chair but an independent lead director. Not sure how this incident will affect the future structure. | ||