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Former Tesla Australia director pleads guilty to insider trading on lithium deal

Former Tesla Australia director pleads guilty to insider trading on lithium deal

Tesla Inc.'s former country director in Australia pleaded guilty in a Sydney court to two counts of insider trading, having bought shares in Belmont, N.C.-based Piedmont Lithium Inc. after finding out that it was agreeing to supply the electric-vehicle maker with the battery material, Australia's corporate regulator said Wednesday.