Tesla CEO Elon Musk gestures toward a Cybertruck
"Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas," Elon Musk wrote on X.
  • Elon Musk is done with the state of Delaware.
  • Musk says he's going to call a shareholder vote to transfer Tesla's incorporation to Texas.
  • The decision comes after a Delaware judge voided his $55 billion compensation package at Tesla.

Tesla CEO Elon Musk says he's going ahead with plans to shift the company's state of incorporation to Texas.