Musk, Tesla Fire Back at $230 Million Fee Bid in Board Pay Case

Tesla Inc. filed court papers slamming a bid for $230 million in legal fees by the attorneys who negotiated a settlement worth up to $919 million with board members including CEO Elon Musk.

The world’s most valuable automaker said in a filing made public Monday that the “demonstrably unreasonable” fee request is roughly four times what the lawyers should earn for leading the investor lawsuit that yielded the accord, which requires the board to return hundreds of millions in stock options.

Musk and other board members, meanwhile, said in a separate legal brief that they support the settlement, which ...