WILMINGTON, Delaware 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.
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 million. The settlement was not covered by insurance, according to a court filing by the shareholder who brought the case.
Chancellor Kathaleen McCormick, the
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