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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[–] darkmatternoodlecow@programming.dev 119 points 2 years ago (28 children)
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[–] fidodo@lemmy.world 95 points 2 years ago* (last edited 2 years ago) (2 children)

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

[–] Sgt_choke_n_stroke@lemmy.world 17 points 2 years ago* (last edited 2 years ago) (5 children)

Good luck finding talent to move to texas

[–] vermyndax@lemmy.world 20 points 2 years ago

Good luck finding talent who wants to work for Elon Musk

[–] phoneymouse@lemmy.world 5 points 2 years 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.

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[–] wizardbeard@lemmy.dbzer0.com 5 points 2 years ago (1 children)

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

[–] Nastybutler@lemmy.world -2 points 2 years ago

They have their headquarters in Texas though

[–] TheDarkKnight@lemmy.world 47 points 2 years ago
[–] db2@lemmy.world 30 points 2 years ago

Will someone please put him in a little submarine already? He's annoying af. The bullies that beat him up at school shouldn't have pulled their punches, and that's not something I'd say lightly.

[–] rusticus@lemm.ee 28 points 2 years ago

As a shareholder I can’t wait to hit the “no” checkbox.

[–] dhork@lemmy.world 17 points 2 years ago (1 children)

He's gonna run for President of the Republic of Texas after the Civil War II, isn't he?

[–] gregorum@lemm.ee 6 points 2 years ago (1 children)

Because they looooove immigrants…

[–] machinin@lemmy.world 5 points 2 years ago (1 children)

He's white, so it doesn't matter.

[–] gregorum@lemm.ee 9 points 2 years ago

but he’s “African-american!"

[–] RizzRustbolt@lemmy.world 13 points 2 years ago

Elon Musk: Business Mastermind

;P

[–] pineapplelover@lemm.ee 12 points 2 years ago

Switching states again?

[–] dynamojoe@lemmy.world 6 points 2 years ago (1 children)

My paltry few shares will vote No.

[–] Nastybutler@lemmy.world 2 points 2 years ago (1 children)

Do you have voting shares?

[–] dynamojoe@lemmy.world 4 points 2 years ago

Si. I'm a buy-and-hold investor and so far, so good. I wish I had bought more. I'm up about 700% (it was much more at the beginning of the year). I've informed my decision on this as moving stakes to TX may open Tesla to significant legal liability and it's being done solely in order to overpay the CEO, who is prone to making bad decisions. Overall I'm less than a drop in the bucket but I'm against it.

[–] 1984@lemmy.today 3 points 2 years ago

Wow, look at that full screen ad behind the text... Lols.

[–] homesweethomeMrL@lemmy.world 1 points 2 years ago (1 children)

Hey Tesla - last chance, man. Shiv this guy or start packing up.

[–] KingThrillgore@lemmy.ml 1 points 2 years ago

Tesla is a meme stock that would sink if he was gone. The problem is it's also what gives him his billions.

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