Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Elon Musk Podcast

Musk Seeks Tesla's Move to Texas After Court Voids His Pay Deal

02 Feb 2024

Description

Following a Delaware court's annulment of Elon Musk's $51 billion compensation package, the Tesla CEO announced intentions to seek shareholder approval for relocating the company's incorporation from Delaware to Texas. The move, prompted by the court's decision which Musk criticized, highlights the entrepreneur's dissatisfaction with Delaware's legal framework and his preference for Texas, where Tesla and his other ventures have significant operations. This strategic shift aims to align Tesla's corporate governance with a more favorable legal and regulatory environment.

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.