Musk would not give up chairman role to settle SEC lawsuit: CNBC
https://www.reuters.com/article/us-tesla-musk/musk-would-not-give-up-chairman-role-to-settle-sec-lawsuit-cnbc-idUSKCN1M81QX
Tesla Inc Chief Executive Officer Elon Musk refused to pay a nominal fine and give up the role of chairman for two years as part of a settlement with the U.S. Securities and Exchange Commission, CNBC reported on Friday, citing sources.