Can Elon Musk do ‘whatever he wants'? Why moving Tesla out of Delaware may spook investors.
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 ...