Elon Musk announces plans to relocate Tesla’s legal HQ over $55.8 billion pay packet row

Elon Musk has announced plans to relocate Tesla’s legal headquarters from Delaware to Texas following a judge’s decision to nullify his $55.8 billion pay package. The billionaire, 52, took to his X site to warn against incorporating companies in Delaware – stating: “Never incorporate your company in the state of Delaware.”

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