Vote needed for Musk return
If Tesla CEO Elon Musk wants to return as chairman, shareholders will have to vote on it. The requirement is detailed in a court brief filed jointly on Thursday by Tesla and the Securities and Exchange Commission. The brief was required by a federal judge who must approve a securities fraud settlement reached with Musk and the company last month. Musk and Tesla agreed to pay $20 million each to settle an SEC lawsuit alleging Musk duped investors with statements about a plan to take the company private.