Tesla Settles Racial Discrimination Lawsuit With Former Employee Initially Awarded $137 Million

• Tesla settled with Owen Diaz, a former employee who won $3.2 million in racial discrimination case • Diaz alleged facing racial slurs, epithets, cartoons at Fremont factory; sought to hold Tesla liable • Diaz initially won $137 million in 2021 trial, but judge reduced it to $15 million • Both parties filed notices of appeal after $3.2 million verdict in latest April 2022 trial • Fremont factory also faces discrimination probe by California regulators, which Tesla denies