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.

  • fidodo@lemmy.world
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    10 months ago

    To the state that can’t even keep their power grid up during the winter?.. Or summer?

      • phoneymouse@lemmy.world
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        10 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.

      • StaticFalconar@lemmy.world
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        10 months ago

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

    • wizardbeard@lemmy.dbzer0.com
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      10 months ago

      Fair, but this is talking about where the company is incorporated, which isn’t the same as where they’re physically operating from.