Why Elon Musk is breaking up with Delaware – Financial Times

Category: Elon Musk

A Delaware court recently struck down Elon Musks $56 billion Tesla pay package. Soon after, Musk took to his social network X and offered some advice: Never incorporate your company in the state of Delaware. But will anyone take it? The FTs Wall Street editor Sujeet Indap explains how Delaware became the favourite place for big companies to incorporate and why thats unlikely to change.

Clips from BBC, WFAA

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For further reading:

Can Elon Musk derail Delaware?

Texas is throwing down a legal challenge to Delaware

Delaware versus Elon Musk

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On X, follow Sujeet Indap (@sindap) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.

Read a transcript of this episode on FT.com

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Originally posted here:

Why Elon Musk is breaking up with Delaware - Financial Times

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February 19th, 2024
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