Elon Musk Announces Tesla's Shift to Texas

Elon Musk announced his intention to shift Tesla's incorporation from Delaware to Texas following a Delaware judge's decision to void his $55 billion compensation package. Musk's poll on Twitter showed overwhelming support for the move, with 87.1% of 1,102,554 votes in favor of the shift. This decision aligns with Musk's previous statements about his preference for Texas, where Tesla is currently headquartered. Additionally, Musk has shown a strong interest in the state by planning to establish a university and a content-moderation center in Austin.