Stock Market News
Tesla directors settle lawsuit over compensation for $735 million
2023.07.17 13:16
© Reuters. FILE PHOTO: Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photo
WILMINGTON, Delaware (Reuters) – Tesla (NASDAQ:) Inc’s directors agreed to settle a shareholder lawsuit challenging their compensation by returning to the company the value of 3.1 million stock options, worth $735 million, according to a Monday filing in a Delaware court.
