this post was submitted on 02 Feb 2024
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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.

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[–] Sgt_choke_n_stroke 19 points 10 months ago* (last edited 10 months ago) (3 children)

Good luck finding talent to move to texas

[–] vermyndax 22 points 10 months ago

Good luck finding talent who wants to work for Elon Musk

[–] phoneymouse 6 points 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 -4 points 10 months ago (2 children)

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

[–] [email protected] 20 points 10 months ago

Texas Instruments is incorporated in Delaware.

[–] [email protected] 12 points 10 months ago

Would you leave either of those to sleep on the floor of a car factory?