https://www.reuters.com/article/us-tesla-musk-sec/musk-to-resign-as-tesla-chairman-remain-as-ceo-in-sec-settlement-idUSKCN1M90SY

Tesla and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company's chairman but remain as chief executive, under a settlement that caps a tumultuous two months for the car-maker.