Elon Musk will step down as Tesla chairman and pay a $20 million fine in SEC deal September 29, 2018 by admin Tweet Elon Musk has reached a settlement with the U.S. SEC that will see him lose his chairman position at Tesla for the next three years. He will also have to pay a fine of $ 20 million. Read more… Neowin Related Posts:Elon Musk once again claims Tesla robotaxis are coming soonTwitter users want CEO Elon Musk to step down from…OpenAI says Elon Musk demanded "absolute control" of…Elon Musk thinks his humanoid robots will increase…Tesla shares drop 7 percent following Elon Musk's…