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Elon Musk vows to shift Tesla incorporation to Texas after judge blocks $56bn pa...
source link: https://www.telegraph.co.uk/business/2024/02/01/elon-musk-reincorporate-tesla-texas-judge-blocks-56bn-payda/
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Elon Musk vows to shift Tesla incorporation to Texas after judge blocks $56bn payout
Billionaire pledges shareholder vote after Delaware judge rules pay package was unlawful
1 February 2024 • 7:27am
Elon Musk's electric car giant is already headquartered in the Lone Star State
Credit: SUZANNE CORDEIRO/AFP via Getty Images
Elon Musk has pledged to hold a shareholder vote on moving Tesla’s registration from Delaware to Texas after his $56bn (£44bn) pay package in 2018 was annulled by a state judge...
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