Elon Musk Can Stay Tesla CEO, But Not Chairman, Under SEC Settlement 
Elon Musk, co-founder and chief executive officer of Tesla Inc. (Photographer: Carla Gottgens/Bloomberg)

Elon Musk Can Stay Tesla CEO, But Not Chairman, Under SEC Settlement 

(Bloomberg) -- Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.
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