Tesla directors to pay up to $919 million to settle claims they overpaid themselves
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Tesla directors, including Chair Robyn Denholm and others, have agreed to return up to $919 million to Tesla to settle claims of overpayment. This settlement resolves allegations of self-overpayment by the directors.
January 09, 2025 | 2:15 pm
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Tesla directors have agreed to return up to $919 million to the company to settle claims of overpayment. This legal resolution addresses allegations of self-overpayment by the directors.
The settlement of $919 million being returned to Tesla by its directors resolves a significant legal issue, potentially improving investor sentiment. This could positively impact Tesla's stock price in the short term as it removes uncertainty and demonstrates corporate responsibility.
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