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Can Elon Musk do ‘whatever he wants'? Why moving Tesla out of Delaware may spook investors.
TeslaTesla(US:TSLA) Market Watch·2024-02-02 02:16

Tesla Inc. Chief Executive Elon Musk’s push to reincorporate the electric-vehicle maker in Texas after a legal defeat in Delaware may have broader implications for the company.The move could reinforce the image of Musk as a mercurial chief executive acting on yet another whim while shying away from improving Tesla’s TSLA, +0.19% corporate governance. Musk tweeted on his social-media platform X, the former Twitter, late Wednesday that Tesla “will move immediately to hold a shareholder vote” on whether to tra ...