Tesla directors pay $735mln to settle lawsuit over excess compensation
WILMINGTON: Tesla Inc.’s (TSLA.O) directors will refund $735 million to the business in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court. The agreement resolves a lawsuit filed in 2020 by a retirement fund that owns Tesla stock and disputed stock options given to Tesla directors beginning in June 2017. The…