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.

    • phoneymouse@lemmy.world
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      11 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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      11 months ago

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