Elon Musk gets off the ropes with SEC settlement, but Tesla still has a bruising fight ahead

It looked like it was curtains for Elon Musk.

The Securities and Exchange Commission charged Tesla Inc.’s chief executive with fraud, and it seemed to some like an airtight case: Musk tweeted to his 22 million followers Aug. 7 that he had a deal to take the company private at a premium price, though…