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US SEC moves to close settlement fund tied to Musk and Tesla

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The US Securities and Exchange Commission has taken steps to shut down a settlement fund connected to Elon Musk and Tesla. The move concerns the financial arrangement that resolved earlier regulatory claims against the company and its chief executive. Details on the timing and specific mechanics of the closure were not included in the source text provided. The development reflects ongoing regulatory oversight of the high-profile case.

Read the full story at Economic Times

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