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Elon Musk to Transfer Tesla Incorporation to Texas After Delaware Invalidated His 50B+ Compensation Package



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On January 30, 2024, after a Delaware court ruled against him (in the case of Richard J. Tornetta v. Elon Musk et al.), Elon Musk held a public poll on X regarding whether he should change Tesla’s state of incorporation from Delaware to Texas, the home of its physical headquarters.


Elon Musk X Poll

After the poll concluded its run, he posted that Tesla would immediately move its state of incorporation to Texas.


Elon Musk Poll Results Post


Links to Evidence:


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