Tuesday, July 18, 2023

Tesla Board Inks $735M Deal To Settle Lawsuit

Elon Musk is so rich, he can dig through his couch cushions and come up with $735 million

Tesla Inc. directors, including Chief Executive Officer Elon Musk, agreed to return more than $735 million in stock awards and cash to settle an investor lawsuit accusing board members of improperly giving themselves massive compensation packages.