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


Claim: Elon Musk to Transfer Tesla Incorporation to Texas After Delaware Invalidated His 50B+ Compensation Package
Rating: True
Finding: On January 30, 2024, after a Delaware court ruled against him

Redpill Rating: COMPLETE REDPILL(true)
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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
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
Elon Musk Poll Results Post

Links to Evidence:


Redpill Rating: COMPLETE REDPILL(true)
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