Elon Musk to resign as board chairman of Tesla, pay $20 million fine

Tesla CEO Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company.
— Read on nypost.com/2018/09/29/elon-musk-to-resign-as-board-chairman-of-tesla-pay-20-million-fine/