SEC strikes again! This time it’s not crypto, but our boi Elon Mars
PS: for shitposting on twitter and “taking Tesla private” without funds being #SAFU

The settlement, which is still subject to court approval, includes the following:
- Elon will pay a civil penalty of $20 million and give up his role as chairman of the board for at least 3 years
- Tesla will pay a $20 million fine, and appoint two new independent directors to the board

Elon, remember, SEC can’t get you on the moon! That being said… wen moon sir?