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...Texas”....
...defer spending on big-ticket items and delay DIY projects against the backdrop of sticky inflation and elevated mortgage rates....
...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....
...The deal will greatly expand Home Depot’s reach among contractors and builders....
...“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”....
...“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...
...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....
...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....
...After years of catering to the already wealthy with ever bigger and more expensive homes, builders are rethinking their approach and prioritising affordability....
...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...
...Since then, he has shifted incorporation of two of his companies away from Delaware — SpaceX to Texas, and Neuralink to Nevada....
...Investors, who are already digesting a steadily falling share price, disappointing sales figures, and a contentious plan to move company headquarters from Delaware to Texas, face another conundrum: whether...
...Under the deal announced on Tuesday, CRH will acquire a 2.1mn tonne capacity cement plant between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas and a portfolio of 20...
...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...
...Homebuilder confidence this month dropped to its lowest level since January as higher rates drove some buyers away and raised construction costs, the National Association of Home Builders said....
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...Texas has a long way to go to match it, and the southwestern state’s judges would not gain credibility if they merely did the bidding of wilful entrepreneurs....
...Tesla could move to Texas in search of greater indulgence, but is it really a good idea? john.gapper@ft.com...
...Read a transcript of this episode on FT.com...
...Sekisui, which also owns builders Woodside Homes, Holt Homes and Chesmar Homes, said it would become the fifth-biggest US home builder....
...Her new song “Texas Hold ‘Em” has soared to the top of the Billboard charts, helped by its prominence on TikTok, where users are posting hundreds of thousands of videos using the track....
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