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Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas (www.forbes.com.au)

submitted 6 months ago by [email protected] to c/[email protected]

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Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas::Billionaire Elon Musk justified the decision on the results of an unscientific poll run on his X account a day earlier.

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[–] [email protected] 19 points 6 months ago* (last edited 6 months ago) (3 children)

Good luck finding talent to move to texas

[–] [email protected] 22 points 6 months ago

Good luck finding talent who wants to work for Elon Musk

[–] [email protected] 6 points 6 months ago

It doesn’t matter where you’re incorporated. Previously, he was incorporated in Delaware, but had an HQ in California. Actually, most US corporations are incorporated in Delaware because the small state with not much else going for it has very very business friendly laws.

[–] [email protected] -4 points 6 months ago (2 children)

Texas has Nasa and Texas instruments (they do more than make calculators). So its not impossible to find.

[–] [email protected] 20 points 6 months ago

Texas Instruments is incorporated in Delaware.

[–] [email protected] 12 points 6 months ago

Would you leave either of those to sleep on the floor of a car factory?