Published 3 months ago

Elon Musk says Tesla will hold a shareholder vote to incorporate in Texas after Delaware pay snub

Tesla CEO Elon Musk plans to hold a shareholder vote to transfer the company's state of incorporation from Delaware to Texas, following the invalidation of his $56 billion pay package by a Delaware judge.
Musk's social media posts indicate his preference for incorporating in Texas, with over 87% of more than 1.1 million votes in favor of the shift.
Musk previously relocated Tesla's corporate headquarters to Austin, Texas, citing disagreements with California's regulations and taxes.

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BBC News

Tesla: Elon Musk moves to shift firm's legal home to Texas

The multi-billionaire says the electric car maker will move immediately to hold a shareholder vote on the matter.

3 months ago·United Kingdom

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The Guardian

Elon Musk acts to move Tesla legal base to Texas after pay package ruling

Tycoon announces shareholder vote on relocating after judge strikes down $56bn pay package as ‘unfathomable’

3 months ago·London, United Kingdom

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The Independent

Musk wants Tesla investors to vote on switching the carmaker's corporate registration to Texas

Elon Musk wants Tesla investors to decide on moving the company’s corporate listing to Texas after a Delaware court decided he shouldn’t get a multibillion-dollar pay package

3 months ago·London, United Kingdom

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Reuters

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3 months ago·United Kingdom

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Associated Press News

Musk wants Tesla investors to vote on switching the carmaker's corporate registration to Texas - Seymour Tribune

Elon Musk wants Tesla investors to decide on moving the company’s corporate listing to Texas after a Delaware court decided he shouldn’t get a multibillion-dollar pay package. The electric car company’s CEO said early Thursday that Tesla would get shareholders to vote on whether to switch its corporate registration to Texas, where its physical headquarters […]

3 months ago·United States

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abc News

Musk wants Tesla investors to vote on switching the carmaker's corporate registration to Texas

Elon Musk wants Tesla investors to decide on moving the company’s corporate listing to Texas after a Delaware court decided he shouldn’t get a multibillion-dollar pay package

3 months ago·United States

Read Full Article

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