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Thursday, September 19, 2024

Elon Musk and other Tesla board members agree to return over $735 million in stock and cash

Elon Musk and other Tesla board members have agreed to return over $735 million in stock awards and cash as part of a settlement of a lawsuit over the board’s compensation. In 2020, the Police and Fire Retirement System of Detroit, a Tesla shareholder, decided to sue Tesla over what it believed to …

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