Lawyers Who Sued Tesla Board for Excess Pay Want $10,000 an Hour

Lawyers Who Sued Tesla Board for Excess Pay Want $10,000 an Hour
The Tesla logo on the hood of a car in Oslo, Norway, on Nov. 10, 2022. Victoria Klesty/Reuters
Reuters
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WILMINGTON, Delaware—A legal team that forced Tesla’s directors to agree in July to return more than $700 million in compensation to the automaker for allegedly overpaying themselves are now seeking a huge payday of their own.

The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 filing in Delaware’s Court of Chancery.