Elon Musk and SEC reach settlement; Musk admits no guilt, will remain Tesla CEO, has to resign as Chairman for 3 years, appoint 2 new directors, pay $20M fine (Javier E. David/CNBC)

Javier E. David / CNBC:
Elon Musk and SEC reach settlement; Musk admits no guilt, will remain Tesla CEO, has to resign as Chairman for 3 years, appoint 2 new directors, pay $20M fine  —  The Securities and Exchange Commission has settled charges with Tesla CEO Elon Musk, according to court documents filed on Saturday …

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