Musk to resign as Tesla chairman, remain as CEO in SEC settlement
Tesla must appoint an independent chairman, two independent directors, and a board committee to set controls over Musk's communications under the proposed agreement.
SpaceX founder Elon Musk listens at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018.(photo credit: REUTERS)ByREUTERS
