A judge approved Tesla CEO Elon Musk's settlement with the Securities and Exchange Commission over allegations that Musk committed fraud when he said he had the secured the funding needed to take Tesla private. Tesla shares jumped nearly 5 percent on the news, which was first reported by Bloomberg. The deal is a positive development for Musk and Tesla, which is in the midst of ramping up production and deliveries of its Model 3 sedan, and trying to assure investors the company can become sustainably profitable. Musk and the SEC had filed a joint letter late Wednesday saying the terms of their settlement would be in ... (full story)