Tesla’s board will return $735 million in stock and cash to settle claims directors were grossly overpaid

Tesla’s board will return $735 million in stock and cash to settle claims directors were grossly overpaid

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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. The directors — including Oracle Corp. founder…

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