California Wildfire Economic Loss Estimates Top $50 Billion | Judge Approves Tesla Directors' Deal
U.S. private forecaster AccuWeather has said that estimated damage and economic loss from the California wildfire, already one of the worst in history, is over $50 billion at a preliminary level. Meanwhile, 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.
