Saturday, February 24, 2024

Elon Musk gets some guidance from a Delaware judge on how to ditch the state

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.

from Tech-Economic Times https://ift.tt/zKhZcen

No comments:

Post a Comment

Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...