Newspaper article The Canadian Press

National Audio 3:05 AM ET

Newspaper article The Canadian Press

National Audio 3:05 AM ET

Article excerpt

National Audio 3:05 AM ET

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NAT010 - (US-Tesla-Musk-Control) (NOT FOR ONLINE USE) UNDATED. x-22s. The U-S Securities and Exchange Commission says a settlement has been reached with Tesla C-E-O Elon Musk. The S-E-C says Musk will step down as company chairman and pay 20-million dollars in penalties. The settlement does allow him to remain C-E-O. Here's Forbes transportation writer Alan Ohnsman. ("..of Tesla's board.") (SOURCE:ABC)

TAG: The settlement stemmed from a lawsuit the S-E-C filed, charging Musk with misleading investors in August with a tweet that said he had "funding secured" for taking the company private. --

NAT011 - (AS-Indonesia-Earthquake) (EXTENDED)(NOT FOR ONLINE USE) UNDATED. x-33s. The death toll has soared to at least 832 in Indonesia after a powerful 7. …

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