Teslarati

FEBRUARY 15, 2024

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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Teslarati

FEBRUARY 1, 2024

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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Teslarati

FEBRUARY 8, 2024

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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Green Car Congress

NOVEMBER 20, 2009

Valero Energy Corporation intends to permanently shut down its Delaware City, Delaware refinery due to financial losses caused by very poor economic conditions, significant capital spending requirements and high operating costs. Valero Delaware City Refinery. Click to enlarge. —Valero Chairman and CEO Bill Klesse.

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Baua Electric

FEBRUARY 1, 2024

Earlier this week, a judge in Delaware, where Tesla is incorporated, sided with a Tesla shareholder who filed a lawsuit that claimed Tesla’s board misled investors when presenting its 2018 CEO compensation plan. Why was Tesla in Delaware in the first place? Tesla has nothing to do with Delaware. That’s all it does.

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Green Car Congress

APRIL 15, 2019

Chevron Corporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Upon closing, the Company will continue be led by Michael Wirth as Chairman and CEO.

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Blink Charging

OCTOBER 3, 2023

Blink Charging’s numerous corporate and government partnerships are based on our reputation for providing the best quality electric vehicle supply equipment (EVSE), design services, and turnkey business models.

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