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Tesla likely to leave Delaware after Musk moves SpaceX to Texas

Teslarati

Tesla is likely to leave the State of Delaware as its place of incorporation after CEO Elon Musk moved his aerospace company, SpaceX, to Texas yesterday. Musk’s move comes just weeks after a Delaware Court of Chancery Judge revoked his $56 billion pay package that was approved by Tesla Shareholders in 2018.

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Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P

Green Car Congress

Permian Resources Corporation and Earthstone Energy entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 Permian Resources expects to realize significant DC&F savings in the Delaware Basin through improved efficiencies and lower cost structure.

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Tesla is one step away from incorporating its business to Texas

Teslarati

Following the rescindment of CEO Elon Musk’s pay package, Tesla is considering moving its incorporation status from Delaware to Texas, and it is just one step away from doing so. Based on the vote on X, it will be voted by Tesla shareholders that the company should move to Texas. Why did Tesla incorporate in Delaware?

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Vivek Ramaswamy calls Elon Musk’s Tesla pay package situation ‘a threat to capitalism’

Teslarati

Former 2024 Presidential Candidate Vivek Ramaswamy has commented on the situation involving Elon Musk and his pay package that was rescinded by a Judge in Delaware. ” The Delaware Supreme Court can appeal the decision from Judge McCormick. Ramaswamy called the decision “a threat to the future of capitalism.”

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Major Tesla shareholder criticizes Elon Musk amidst pay vote

Teslarati

One of Tesla’s largest individual shareholders has spoken out against CEO Elon Musk and his stake in the company, as investors vote on the CEO’s recently rejected 2018 pay package. After a Delaware judge ruled in favor of a shareholder in a lawsuit in January, officially voiding Musk’s 2018 compensation package worth $55.8

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How Tesla shareholders are voting on Musk’s 2018 pay package

Teslarati

Tesla investors currently have the chance to vote on a number of proposals for the company’s upcoming shareholder’s meeting, with CEO Elon Musk’s 2018 pay package hanging in the balance after it was struck down by a Delaware judge. ” What are your thoughts?

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The biggest winners in Tesla CEO Elon Musk’s pay package debacle: the lawyers

Teslarati

The biggest winners in the case against Tesla CEO Elon Musk and his pay package that was thrown out by a Delaware Chancery Court Judge will be the lawyers who tried and won the case. The Financial Times article states that judges awarded $267 million to lawyers representing shareholders who settled with Dell Technologies for $1 billion.

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