Overview

• The four former leaders sued in March 2024 seeking $128 million in unpaid severance after their October 2022 dismissals.
• Settlement terms and any payment amounts were not disclosed in the latest court update.
• Plaintiffs Parag Agrawal, Ned Segal, Vijaya Gadde, and Sean Edgett were removed during Musk’s takeover and escorted out by security.
• Their complaint alleges the firings were timed to avoid roughly $200 million in near‑vesting stock options, citing quotations reported from Walter Isaacson’s biography.
• The case is in U.S. District Court in San Francisco (No. 3:24‑cv‑01304‑MMC), with a potential response due by the end of October 2025 and a hearing window extending into early June 2026, as Musk and X have separately settled with other former staff including claims once totaling about $500 million.