Musk resigned from Tesla, with a fine of 20 millio US dollars

[Muske and SEC reconciliation: Musk resigned from Tesla, with a fine of 20 million US dollars] On September 29, the US Securities and Exchange Commission issued a notice announcing that it had reached a settlement with Musk. The settlement conditions included Musk’s resignation as chairman of Tesla, who was not eligible for re-election within three years, and a fine of $20 million. Musk was previously accused of fraud, and he said on Twitter that he would privatize Tesla and mislead investors. Tesla will also pay $20 million to settle allegations that it failed to adequately supervise Musk's tweets.