https://www.cnet.com/roadshow/news/elon-musk-mocks-sec-as-just-days-after-tesla-settlement/ > "Musk's false and misleading public statements and omissions caused significant confusion and disruption in the market for Tesla's stock and resulting harm to investors," the SEC said in its complaint. > Musk reached a settlement with the SEC in September, in which he agreed to step down as the chairman of Tesla's board and pay a $20 million fine, in addition to other penalties and mandated changes levied at the company.