Musk pushes to incorporate Tesla in Texas as new state business courts become active

AUSTIN, Texas (KEYE) – Austin, Texas, might soon be home to more than Tesla’s Gigafactory. Billionaire Elon Musk posted on X this week that he’s asking Tesla shareholders to move the company’s state of incorporation from Delaware to Texas. This comes on the heels of a Delaware judge invalidating his $56 billion pay package this week.

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