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Tesla hires Washington trial lawyer as new general counsel


Reuters


Dec 7 (Reuters) - Tesla Inc has hired Dane Butswinkas, a Washington, D.C. trial lawyer, as its general counsel, the electric car manufacturer said late on Thursday.

Tesla Chief Executive Officer Elon Musk had hired Butswinkas to help settle a case with the U.S. Securities and Exchange Commission, Bloomberg had reported in October.

Musk and Tesla paid $20 million each in fines to settle the case, which stemmed from the billionaire CEO's Twitter posts in August about taking the company private.

Maron, who also served as Musk's divorce lawyer, had led Tesla's legal department since 2013.

"Tesla presents a unique and inspiring opportunity," Butswinkas said in a from Tesla. "Tesla's mission is bigger than Tesla - one that is critical to the future of our planet." (graphic).






This article appears in: Stocks , World Markets
Referenced Symbols: TSLA



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