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Delaware judge ruled Tuesday that — contrary to the will of the supermajority of shareholders and the company's board — Tesla CEO Elon Musk was undeserving of the multibillion-dollar compensation package directors awarded him in 2018.

Chancellor Kathaleen McCormick may have unwittingly set the stage for an accelerated erosion of Delaware's dominance and the rise of a competitive business court network in Texas. After all, Musk appears unwilling to continue taking abuse in the Diamond State.

https://archive.ph/4gM5t

>Delaware judge ruled Tuesday that — contrary to the will of the supermajority of shareholders and the company's board — Tesla CEO Elon Musk was undeserving of the multibillion-dollar compensation package directors awarded him in 2018. >Chancellor Kathaleen McCormick may have unwittingly set the stage for an accelerated erosion of Delaware's dominance and the rise of a competitive business court network in Texas. After all, Musk appears unwilling to continue taking abuse in the Diamond State. https://archive.ph/4gM5t

(post is archived)

[–] 1 pt

Florida is pretty business-friendly and has been working on pulling corporations in.