Tesla CEO Elon Musk receives favorable news from Delaware Chancery Court regarding the company s potential move to Texas. Moving companies out of Delaware is allowed under certain circumstances, and Tesla may be able to rely on the cleansing process. However, opposition from shareholders, including institutional investors, is a possibility.
If Tesla CEO Elon Musk is serious
about moving the electric car company out of Delaware and
reincorporating in Texas, he got good news yesterday from a
judge in Delaware Chancery Court. .
During a panel at the October 2023 Berkeley Fall Forum on Corporate Governance, Delaware Court of Chancery Chancellor Kathaleen St. J. McCormick and Vice Chancellor Paul Fioravanti,.
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By Tom Hals (Reuters) -A trial court properly found that Tesla Inc CEO Elon Musk did not push the electric carmaker to overpay for SolarCity in 2016, the Delaware Supreme Court said on Tuesday, ending