Frederic J. Brown/AFP via Getty Images
- Elon Musk is done with the state of Delaware.
- Musk says he will call a shareholder vote to transfer Tesla’s incorporation to Texas.
- The decision comes after a Delaware judge voided his $55 billion compensation package at Tesla.
Elon Musk , the CEO of Tesla , says he’s going ahead with plans to shift the company’s state of incorporation to Texas.
“The public vote is unequivocally in favor of Texas!” Musk wrote on X Wednesday night, referencing the poll he conducted on Tuesday.
Over a million users responded to Musk’s poll on whether he should shift Tesla’s state of incorporation to Texas, where its headquarters already are . Musk’s poll had 1,102,554 votes cast on it, of which 87.1% of respondents voted “yes.”
“Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas,” Musk wrote on X .