On Tuesday, Delaware judge Kathaleen McCormick sided with Tesla investors who had challenged the 2018 share-based pay package, ruling that the "unfathomable sum" was unfair to shareholders and negotiated by directors who appeared beholden to Musk.
"Never incorporate your company in the state of Delaware," Musk posted on X, formerly Twitter, after the ruling came down.
Tesla will hold a shareholder vote to transfer its state of incorporation to Texas
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Companies are learning that Blue states use their legal departments to target political unpopular businesses.......Need to get out of Delaware , New York, California, DC
Some red state needs to copy the legal structure of Delaware for corporations to move to
The results of the poll were 87.1% "Yes" and 12.9% "No" after more than 1.1 million users voted.Elon Musk says Tesla shareholders will vote ‘immediately’ on quitting Delaware for Texas
https://www.cnn.com/2024/02/01/business/elon-musk-delaware-texas-hnk-intl/index.html
The results of the poll were 87.1% "Yes" and 12.9% "No" after more than 1.1 million users voted.
you capitalist pig! Why won't you let the common proletariat decide!Idiots on X/Twitter are not the TSLA shareholders. The holders of the majority of TSLA stock are large institutions which will be firmly opposed to moving the company's incorporation from Delaware to Texas (where they would have less rights and poorer legal oversight).
Maybe find a Tweet you like... and post the link here. Elon loves it when the simple-minded sheep such as yourself do that. It keeps the fire burning.
And what? Viewing embedded links cost him server bandwidth and doesn't show any advertising.
Some day you will learn how the whole internet thing works, maybe ask your neighbors kids to teach you some since you don't seem to be a family man yourself.