Tesla board will return more than $900M in shareholder settlement

6 days ago  · Tesla models are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. The company's board will return more than $900 million in compensation to settle a shareholder lawsuit, an agreement a Delaware court approved on Jan. 8, 2025.


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Tesla Board Will Return More Than $900M In Shareholder Settlement

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6 days ago  · Tesla models are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. The company's board will return more than $900 million in compensation to settle a shareholder lawsuit, an agreement a Delaware court approved on Jan. 8, 2025.

legaldive.com

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Judge Approves Tesla Directors’ Deal To End Excess Pay Case - CNN

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6 days ago  · Tesla directors, including Chair Robyn Denholm and James Murdoch, got court approval on Wednesday for a settlement worth up to $919 million that requires they return …

cnn.com

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Judge Approves Tesla Directors’ Deal To End Excess Pay Case - MSN

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The settlement requires Tesla board members including Denholm and Murdoch to return roughly $277 million in cash, $459 million in stock options and to forgo stock options for 2021-23 worth …

msn.com

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Tesla Board Members Officially Settle Excessive Compensation Case …

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6 days ago  · Under the settlement, the board members agree to return to Tesla $277 million in cash, $459 million in stock options and to forgo $184 million worth of stock options awarded …

electrek.co

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Tesla Directors To Pay Up To $919 Million To Settle Claims They ...

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5 days ago  · A Delaware judge has approved a settlement that will see Tesla directors — including Chair Robyn Denholm, Oracle founder Larry Ellison, Kimbal Musk, and James Murdoch — return up to $919 ...

techcrunch.com

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Judge Approves Tesla Directors' Nearly $1 Billion Deal To End Excess ...

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6 days ago  · Tesla directors got court approval for a settlement worth up to $919 million that requires they return compensation to the carmaker.

cnbc.com

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Musk's Tesla Board Pay Case Nets $176 Million Lawyer Fee (1)

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6 days ago  · Tesla Inc. must pay $176 million in legal fees to the shareholder attorneys who challenged four years of pay for its board of directors, including Elon Musk, a judge ruled …

bloomberglaw.com

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Court Approves Tesla Board’s $919 Million Excessive Compensation Settlement

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6 days ago  · Tesla board members have received court approval for a $919 million settlement addressing claims of excessive compensation. The agreement was first reached in July 2023, at a time when the value amounted to $735 million, but has now been officially approved, making it one of the largest settlements of its kind. Settlement Breakdown

driveteslacanada.ca

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Musk, Tesla Board To Return $735M After Being Sued For …

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Jul 18, 2023  · The contested stock options were worth $437 million when the complaint was filed in June 2020, but Tesla's stock price has more than quadrupled since then. Tesla board still …

arstechnica.com

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Tesla Directors To Return More Than $735 Million To Company To …

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Jul 18, 2023  · The settlement agreement calls for the director defendants, including Oracle co-founder and former Tesla board member Larry Ellison, to provide Tesla with the value of more …

detroitnews.com

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The Week In GRC: Board Diversity Progress Stalls And Judge …

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4 days ago  · The settlement requires Tesla board members to collectively return roughly $277 mn in cash, $459 mn in stock options and to forgo stock options for 2021-23 worth $184 mn. The …

governance-intelligence.com

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Judge Approves Tesla Directors' Deal To End Excess Pay Case

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6 days ago  · The settlement requires Tesla board members including Denholm and Murdoch to return roughly $277 million in cash, $459 million in stock options and to forgo stock options for 2021-23 worth $184 ...

reuters.com

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Judge Approves Tesla Directors' Deal To End Excess Pay Case

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6 days ago  · The settlement requires Tesla board members including Denholm and Murdoch to return roughly $277 million in cash, $459 million in stock options and to forgo stock options for …

usnews.com

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Tesla’s Board Directors Agree To Return $735M In ... - Observer

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Jul 18, 2023  · Tesla (TSLA)’s board of directors have agreed to return $735 million in cash and stock awards to the company, ending a three-year legal battle with a shareholder who accused …

observer.com

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Tesla Directors To Return $735M To Settle Suit Over Excess …

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Jul 18, 2023  · The settlement agreement calls for the director defendants, including Oracle co-founder and former Tesla board member Larry Ellison, to provide Tesla with the value of more …

nypost.com

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Tesla Directors Will Return $735 Million To Company To Settle ...

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Jul 18, 2023  · Tesla directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a …

cnn.com

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Tesla Asks Shareholders To Vote Again On Musk's $56 Billion Payout

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Apr 17, 2024  · Tesla CEO Elon Musk's $56 billion pay package will go to another shareholder vote in June, after a Delaware court voided it as excessive.

cnbc.com

FAQs about Tesla board will return more than $900M in shareholder settlement Coupon?

Are Tesla directors getting a $919 million settlement?

Link Copied! Tesla directors, including Chair Robyn Denholm and James Murdoch, got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves. ...

How much is a Tesla settlement worth?

By Tom Hals WILMINGTON, Del. (Reuters) - Tesla directors including Chair Robyn Denholm and James Murdoch got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves. ...

How much will Tesla directors pay to settle a shareholder lawsuit?

Tesla's directors will pay $735 million to settle a lawsuit filed by shareholders. Details here Tesla directors, led by Elon Musk, will return $735 million worth of stock options and forgo compensation for three years to settle a shareholder lawsuit. Elon Musk and his company Tesla have a penchant for fighting off lawsuits (REUTERS) ...

How much money do Tesla directors get for overpaying themselves?

Tesla directors, including Chair Robyn Denholm and James Murdoch, got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves. ...

Did Tesla's Board of directors overpay themselves?

A judge has approved the settlement that finally wraps up a case brought against Tesla by the Police and Fire Retirement System of the City of Detroit. The shareholders argued that Tesla's board of directors overpaid themselves between 2017 and 2020. Chancellor Kathaleen McCormick of Delaware's Court of Chancery approved the settlement yesterday. ...

How much money did Tesla pay its board members?

The board members have collectively agreed to return more than $735 million to the electric car maker's coffers in combined options, cash and stocks. As is often the outcome in settlements such as this [PDF], the deal comes with no acknowledgement of the case's merits. ...

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