Topic: Corporate Incorporation

1 chapters across the catalog

Elon Musk has reportedly lost 20-25% of his net worth due to his stand for free speech and subsequent legal attacks from the Biden administration and Delaware courts. The voiding of his Tesla pay package is cited as an example of "lawfare" where courts punish successful entrepreneurs for political reasons. In response, Musk is moving his corporate entities to Texas to escape the "corrupt" judicial environment of Delaware.