US Judge Approves Settlement With Tesla\, Elon Musk; Firm\'s Shares Jump

US Judge Approves Settlement With Tesla, Elon Musk; Firm's Shares Jump

Under an agreement with the SEC, Elon Musk has agreed to pay a $20 million fine and step aside as Tesla's chairman for three years to settle charges that could have forced his exit from Tesla

World | | Updated: October 16, 2018 23:23 IST
US Judge Approves Settlement With Tesla, Elon Musk; Firm's Shares Jump

The government lawsuit had threatened Tesla and Elon Musk with a long fight

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