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Elon Musk to Resign as Tesla Chairman, Must Pay £15 Million Fine in SEC Settlement Over Catastrophic '420' Tweet

Musk has agreed to a settlement in which both he and Tesla will pay out separate £15 million fines, and Musk will step down as Tesla’s chairman for at least three years.

from gizmodo http://www.gizmodo.co.uk/2018/09/elon-musk-to-resign-as-tesla-chairman-must-pay-15-million-fine-in-sec-settlement-over-catastrophic-420-tweet/
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