{"id":632560,"date":"2024-02-02T09:38:19","date_gmt":"2024-02-02T04:08:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632560"},"modified":"2024-02-02T10:15:49","modified_gmt":"2024-02-02T04:45:49","slug":"tesla-to-take-shareholder-vote-on-shifting-incorporation-to-texas-musk","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-to-take-shareholder-vote-on-shifting-incorporation-to-texas-musk\/","title":{"rendered":"Tesla to take shareholder vote on shifting incorporation to Texas: Musk"},"content":{"rendered":"<p>Tesla Inc will move immediately to hold a shareholder vote to transfer the electronic vehicle (EV) maker&#8217;s state of incorporation to Texas from Delaware, Elon Musk said on Thursday. <\/p>\n<p>A Delaware judge on Tuesday tossed out Musk&#8217;s record-breaking $56 billion Tesla pay package, calling the compensation granted by the EV maker&#8217;s board &#8220;an unfathomable sum&#8221; that was unfair to shareholders. <\/p>\n<p>Musk then launched a poll on his social media platform X asking if Tesla should change its state of incorporation to Texas. The poll had over 1.1 million votes cast, with over 87 per cent voting in favor of the change.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Inc will move immediately to hold a shareholder vote to transfer the electronic vehicle (EV) maker&#8217;s state of incorporation to Texas from Delaware, Elon Musk said on Thursday. A Delaware judge on Tuesday tossed out Musk&#8217;s record-breaking $56 billion Tesla pay package, calling the compensation granted by the EV maker&#8217;s board &#8220;an unfathomable sum&#8221; that was unfair to shareholders. Musk then launched a poll on his social media platform X asking if Tesla should change its state of incorporation to Texas. The poll had over 1.1 million votes cast, with over 87 per cent voting in favor of the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-632560","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=632560"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632560\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}