Tesla surges after judge approves Elon Musk's settlement with SEC (TSLA)

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October 16, 2018 3:56 PM

Tesla rallied Tuesday morning after a judge approved CEO Elon Musk's settlement over a fraud charge. The SEC sued Musk last month over allegations that he committed fraud when he said he had "funding secured" to take Tesla private.

All eyes are on now on the company's third-quarter earnings report later this month.

Tesla rallied as much as 5% Tuesday morning after a

Musk settled with the SEC two days after the charge,

Tesla

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