Tesla CEO Elon Musk is taking on the state of Delaware, threatening to move Tesla’s incorporation to Texas and Neuralink’s headquarters to Nevada. The move comes after a Delaware Chancery Court judge voided Musk’s nearly $56 billion pay package. Yahoo Finance Legal Reporter Alexis Keenan broke down the report and what this means for the EV makers’ shareholders. Segment aired on February 12, 2024.
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My speculation is because Texas is somewhat independent from the remaining states and he can get better advantages