Tesla will pay $735 million to settle a lawsuit filed by shareholders
Edited By WION Video Desk
Published: Jul 19, 2023, 06:40 IST | Updated: Jul 19, 2023, 06:40 IST
In order to resolve a lawsuit brought by the shareholders, the directors of Tesla will pay back $735 million to the business, which is equal to the value of 3.1 million Tesla stock options. Additionally, Tesla directors have agreed that they will not be paid in 2021, 2022, or 2023 while the board also changes how remuneration is decided.
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