Tycoon announces shareholder vote on relocating after Delaware judge strikes down $56bn pay package as ‘unfathomable’
Nils Pratley: three cheers for the Delaware judge
Elon Musk has announced Tesla will hold a vote on moving the company’s legal base to Texas after the state of Delaware threw out his $56bn pay package at the electric vehicle maker.
The world’s richest person, whose No 1 status is endangered by the Delaware ruling, held a poll on X asking whether Tesla should change the company’s state of incorporation from Delaware to Texas.
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