Tesla shares surge in premarket trading
World BusinessOct 1, 2018
The Latest on Elon Musk's settlement with U.S. regulators to remain at the company (all times local):5:40 a.m.Shares in Tesla are surging in premarket trading after founder Elon Musk reached a settlement with the Securities and Exchange Commission that will keep him at the company as CEO.The price of Tesla shares was up 16 percent in electronic trading a couple hours before the stock market was due to open Monday. On Friday, it had plunged 13.9 percent to close at $264.77 a share.Under the settl