https://techcrunch.com/2018/10/10/elon-musk-hits-back-james-murdoch-is-not-the-lead-candidate-for-tesla-chairman-spot/ > It’s 4:20 p.m., which means Tesla CEO Elon Musk might be tweeting. > This time, the billionaire entrepreneur’s tweet debunked a Financial Times article from Wednesday that reported Twenty-First Century Fox CEO and Tesla board member James Murdoch was the lead candidate to take Musk’s chairman spot. Musk agreed in a September 29th settlement with the U.S. Securities and Exchange Commission to step down as chairman within 45 days. Musk, who didn’t not admit wrongdoing under the settlement, was also fined $20 million. Tesla was also fined and the company agreed to other conditions, including adding two independent board members.