Delaware’s grip on corporations seemed solid. Elon Musk led a revolt.
Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, it’s scrambling to change its laws.
Amazon S3 on MSN5h
MAGA-friendly Executives Consider Leaving Delaware For Corporate-friendly States
Walmart and other major corporations are considering relocating their legal homes from Delaware. The potential departures follow Elon Musk’s move of Tesla to Texas after a Delaware judge negated his $55 billion pay package.
Tesla Corporate Shift to Texas Ruled Valid by Delaware Judge (1)
Tesla Inc.'s move to Texas after a Delaware judge voided Elon Musk’s record $56 billion pay package complied with the company’s charter and corporate law, the same judge said in a ruling made public Tuesday.
Forget Delaware—‘Y’all Street’ Is Open for Business
Companies are moving to Texas as the Chancery Court makes the First State a hostile climate.
JD Supra3d
What About Texas?
While Elon Musk moved two of his companies (Neuralink and X Corp.) to Nevada, he notably reincorporated Tesla in Texas.  Mr. Musk's decision
When Incorporating Your Business, Skip Delaware and Head to Ohio
Thompson Hine’s Ned Babbitt assesses options for businesses to reincorporate outside of Delaware, as the Delaware Supreme Court paves the way for a move to other states such as Ohio.