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Sunday, September 30, 2018

Musk to resign as Tesla chairman, remain as CEO in SEC settlement

Tesla Inc and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company's chairman but remain as chief executive, under a settlement that caps a tumultuous two months for the carmaker.


from Reuters: Business News https://ift.tt/2xKGz64

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Driving test wait time target will not be met until autumn next year

The Transport Secretary had been aiming to reduce the backlog to seven weeks by this autumn. from BBC News https://ift.tt/YCz1rEp