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...Texas”....
...Tesla might later also look at setting up its own battery plant, following the “gigafactory” model it has followed at its plants in California, Texas, Berlin, and Shanghai, where suppliers have set up shop...
...As Warrington’s debt has grown, so too have its links with a financier based 1,000 miles away on the French Riviera....
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
...After 87 per cent voted in favour, Musk said he “will move immediately to hold a shareholder vote to transfer state of incorporation to Texas”....
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
...“Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas,” Musk wrote on his social media platform X. Good, fine, whatever....
...of its incorporation to Texas from Delaware and revealing plans to cut more than 10 per cent of its workforce — at least 14,000 jobs....
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
...In particular, Wall Street banks and investment firms have migrated to Texas, making it a surprising finance hub....
...“ESG efforts have targeted Texas’ oil and gas economy,” said Aaron Kinsey, chair of the state board of education....
...Of course it cuts both ways....
...“Delaware thinks: ‘We’re smarter than you are, and we’re going to have judges up here in Wilmington look at the economics of your transaction,” said Byron Egan, an elder statesman of the Texas corporate...
...Thanks to lower prices than the traditional Riviera hotspots such as Cannes or Antibes, inland homes within an easy drive of the coast have long appealed to those seeking larger homes or a quieter summer...
...Aaron Kinsey, chair of the Texas State Board of Education, in a letter asking for the decision to be reconsidered.* BlackRock declined to comment on the size of red state ESG-related divestments....
...He testily refused to comment this week on reports that the ambitious Model 2 project — which called for a new “revolutionary manufacturing system” at factories in Texas and Mexico — had been scrapped so...
...TikTok has spent more than $1.5bn on so-called Project Texas, a corporate restructuring plan to safeguard US user data and content from Chinese influence....
...At the end of 2023, its share of the sports betting market stood at 53.4 per cent. Of course, much can still change....
...Chew has proposed multiple alternative measures to a sale for allaying US national security concerns, including the Project Texas plan and a potential American stock market listing of TikTok....
...“The law provides the impacted entities with a range of options to ensure they are able to meet their fiduciary duties to their clients and the people of Texas,” the spokesman said....
...The pair, who have traded supportive messages over the past year on Musk’s X platform, met at Tesla’s factory in Austin, Texas, and discussed “the need to liberate markets” and “the importance of eliminating...
...Currently, Japanese companies have more than 350 offices or branches in Texas, says Masahiro Sakurauchi, head of the Japan External Trade Organization (Jetro) in Houston....
...Many of these were growth stocks, including the hot technology businesses of the day — Xerox, IBM and Texas Instruments — while others belonged to consumer companies such as Coca-Cola and Procter & Gamble...
...The really big question in global macro this year is around who will buy the huge wave of extra issuance from governments trying to make ends meet and finance the green energy transition....
...a year ago, when markets were frozen by fears of a banking crisis....
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