Tesla CEO Elon Musk Announces Shareholder Vote to Move Incorporation to Texas Amid Legal Challenges

Modified date: February 1, 2024

Elon Musk Announces Plan for Tesla to Move Incorporation to Texas

In a recent announcement, Tesla CEO Elon Musk revealed that the company will be holding a shareholder vote to transfer its state of incorporation from Delaware to Texas. This decision comes just days after a judge invalidated Musk’s $56 billion pay package at the electric vehicle maker.

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Tesla CEO Elon Musk Announces Shareholder Vote to Move Incorporation to Texas Amid Legal Challenges

Elon Musk Announces Plan for Tesla to Move Incorporation to Texas

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