Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas::Billionaire Elon Musk justified the decision on the results of an unscientific poll run on his X account a day earlier.
This is a most excellent place for technology news and articles.
Will someone please put him in a little submarine already? He’s annoying af. The bullies that beat him up at school shouldn’t have pulled their punches, and that’s not something I’d say lightly.
My paltry few shares will vote No.
Do you have voting shares?
Si. I’m a buy-and-hold investor and so far, so good. I wish I had bought more. I’m up about 700% (it was much more at the beginning of the year). I’ve informed my decision on this as moving stakes to TX may open Tesla to significant legal liability and it’s being done solely in order to overpay the CEO, who is prone to making bad decisions. Overall I’m less than a drop in the bucket but I’m against it.
To the state that can’t even keep their power grid up during the winter?.. Or summer?
Good luck finding talent to move to texas
It doesn’t matter where you’re incorporated. Previously, he was incorporated in Delaware, but had an HQ in California. Actually, most US corporations are incorporated in Delaware because the small state with not much else going for it has very very business friendly laws.
Texas has Nasa and Texas instruments (they do more than make calculators). So its not impossible to find.
Texas Instruments is incorporated in Delaware.
Good luck finding talent who wants to work for Elon Musk
He’s gonna run for President of the Republic of Texas after the Civil War II, isn’t he?
Man child
Elon Musk: Business Mastermind
;P
Hey Tesla - last chance, man. Shiv this guy or start packing up.
Tesla is a meme stock that would sink if he was gone. The problem is it’s also what gives him his billions.