A federal judge approved settlements of securities-fraud litigation that put a 90-day deadline on Tesla's moves to add two independent directors to its board; create a permanent committee for reviewing executives' public statements about the company, while hiring a securities lawyer to mind their use social media; and give Tesla 45 days to find an independent chairman.
The company also accepted a $20 million fine, despite not being charged with fraud.
Under the deal, Musk will relinquish his role as Tesla's chairman for three years and pay a $20 million fine.
Tesla shares rose 4 percent to $269.81 in morning trading.
The government lawsuit threatened Tesla and Musk with a long fight that could have undermined its operations and ability to raise capital.
The story begins this past spring, when Elon Musktweeted out an April Fool's joke that his company would make its own hard liquor called Teslaquila - a play on its own name and that of the distilled agave beverage.
The stock dropped last month after the SEC accused Musk, 47, of fraud over his "false and misleading" tweets on August 7.
"Just want to that the Shortseller Enrichment Commission is doing incredible work", Musk, a frequent critic of investors betting against the company, wrote.
With the trademark application for the Teslaqula being the only such endeavor Tesla made all year, some might say the vehicle company has officially gone off track.
After electric cars, space rockets, tunnel-boring technology and high-speed transportation systems, Elon Musk appears to be branching into booze. Tesla has until November 13 to appoint an independent chairman.
A story that echoes the true story behind Stefani Germanotta's rise to fame and her transformation into Lady Gaga . The opening title slowly fades up over this shot, Ally lifting her arms triumphantly as she reaches the main road.
During the 2017-18 flu season - the deadliest flu season in four decades - 80,000 Americans died, including 180 children. For example, 30-percent of parents believe the flu shot is a conspiracy and nearly as many believe that it causes autism.
Many outraged Twitter users criticised Piers for bringing "masculinity" into the equation when discussing parenting methods. A child carrier - also known as a papoose - allows parents to walk with their children strapped to their bodies.
Messonnier stressed the rarity of the condition, emphasizing that it happens in fewer than one in a million children in the U.S. And though enteroviruses have been detected in some paralysis cases, it hasn't been found in others, CDC officials say.
As RadarOnline.com has learned, the American Pie star got kicked off a Delta flight this Monday after causing a "disturbance". The plane, which had left its gate at LAX, eventually returned so Reid and her small dog could be removed.
The Discord game store is now open for business
The most interesting update to come with the store's opening, other than the store itself, is the Universal Library. Instead, they're listed as "free with Nitro", Discord's premium option available for about $10 a month.
Republic of Ireland v Wales
Wales have three points from their two Nations League games so far, beating the Republic 4-1 and losing 2-0 to Denmark. It's not easy when you miss players of that quality, but the players who stepped in did brilliant.
Rain Saves Svitolina in Hong Kong QFs, Luksika Out
Dayana Yastremska became the youngest tennis player who reached the final of the WTA in singles and won the title aged 18. Wang, 26, is seeking her third title and has never faced the 18-year-old Yastremska.
Project Dragonfly - what Google would look like in China
The project, code-named Dragonfly, is not only real but is already performing to the satisfaction of top Google executives. Even complying with China's censors, he said, Google would be able to deliver search results to more than.
Rajasthan remains on alert as Zika virus cases climb to 72
As per the World Health Organisation, there is no treatment available for Zika virus infection or its associated diseases. Transmitted via aedes aegypti mosquito, the Zika virus causes fever , skin rashes, conjunctivitis, muscle and joint pain.
Ex-West Virginia player faces child sex charge in Georgia
Crawford signed as an undrafted free agent with the Atlanta Falcons but was released following the final preseason game. Crawford initially denied having sex with the child, but later claimed it was her idea, The Associated Press reported .
Wildlife officer shot family of baboons to impress his wife
Meanwhile, Idaho hunting policies, such as that of wolves and grizzly bears, have often been challenged in the federal courts. Fischer was criticized by former commissioners for sending the photos to them and others in a September 17 email.