His problematic Twitter messages in August - about trying to take the company private - caused months of chaos, and the agency sought to improve the governance of a board long criticized for being too closely aligned with its billionaire leader.
Musk also spoke about two key changes to the company - Tesla's policy to more closely monitor his Twitter posts and the appointment of a new chair - which may raise questions about the effectiveness of the settlement. The SEC said in its complaint the tweet "caused significant confusion and disruption in the market for Tesla's stock and resulting harm to investors". "I do not respect the SEC", Musk said, according to a transcript provided in advance by the network. "I do not respect them", he said.
He also said his company's new chairwoman can't really control him because, as top shareholder, "I can just call for a shareholder vote and get anything that I want".
"If somebody comes and makes a better electric auto than Tesla and it's so much better than ours we can't sell our cars and go bankrupt, I still think that's a good thing for the world", Musk said.
Yeah, Elon Musk wants you to know that he's still in charge, and the SEC probably did him a favor, and he'll continue to say whatever the hell he wants, thank you very much.
"It's possible that we would be interested if GM were to sell a plant or not use it, that we would take over, yeah", Musk said.
Economy added 155,000 jobs in November
Manufacturing employment is forecast increasing by 20,000 jobs last month after rising 32,000 in October. The missing ingredient, however, has been wage growth - and that looks like it's beginning to change.
He made the comments during an interview on the CBS program 60 minutes.
On paper, Elon Musk seems like he would be an incredibly cool dude.
In a statement from Tesla to Ars on Monday, the company told us that "We can confirm the settlement is being complied with". Ltd., Australia's largest telecommunications company.
"I actually prefer to have no titles at all", Musk said. (Barron's Avi Salzman made that point back in early November.) Musk also said it is "possible" that he might look to take on manufacturing capacity vacated by other vehicle makers as they pull back.
Musk owns about 20 percent of Tesla.
Tesla now only has one assembly plant, located in Fremont, California.