https://thenextweb.com/tech/2018/10/01/elon-must-set-to-lose-20m-and-teslas-chairman-post-over-his-420-tweet/

Elon Musk’s trying times continue, as he’s been slapped with a $20 million fine, and resign as Tesla’s chairman to settle a case with the US Securities and Exchange Commission (SEC). The agency sued Musk for allegedly misleading investors with his recent “Funding secured” tweet, which also mentioned a plan to take the company private.

— Elon Musk (@elonmusk) August 7, 2018