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News in-depthTikTok Inc
How TikTok’s Chinese owner tightened its grip on the app
...Texas”....
April 25, 2024
TikTok Inc
Universal Music impasse with TikTok threatens to take more tracks off platform
...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....
February 28, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...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...
April 3, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...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.”...
April 17, 2024
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Elon Musk’s pay
...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”....
April 17, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...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....
April 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Tesla Inc
Tesla is five times bigger than all the public companies in Texas
...“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....
February 1, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...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....
April 24, 2024
Tesla Inc
Tesla shareholders will vote on moving incorporation to Texas, says Elon Musk
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
February 1, 2024
Elon Musk
Can Elon Musk derail Delaware?
...“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...
February 5, 2024
ESG investing
US investment funds pull $13.3bn from BlackRock in anti-ESG campaign
...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....
March 24, 2024
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...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....
April 24, 2024
Javier Milei
Elon Musk and Javier Milei share their love of free markets in first meeting
...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...
April 12, 2024
Elon Musk
Lawyers in Musk pay case seek $6bn in Tesla shares
...Since then, he has shifted incorporation of two of his companies away from Delaware — SpaceX to Texas, and Neuralink to Nevada....
March 2, 2024
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...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...
April 22, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
CRH PLC
CRH buys Texas assets for $2.1bn from Martin Marietta
...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...
November 21, 2023
Tesla Inc
Tesla steers back towards cheaper cars
...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...
April 25, 2024
The FT ViewThe editorial board
Delaware versus Elon Musk
...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....
February 6, 2024
John Gapper
Tesla’s board took a holiday from managing Elon Musk
...Tesla could move to Texas in search of greater indulgence, but is it really a good idea? john.gapper@ft.com...
February 2, 2024
Behind the Money podcast16 min listen
Why Elon Musk is breaking up with Delaware
...Read a transcript of this episode on FT.com...
February 14, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...Emails go unanswered, including all the ones we’ve sent about when Tesla will hold an investor vote on moving its corporate registration to Texas, which Musk said on February 1 would be happening “immediately...
April 17, 2024
FT Asset Management
Elon vs Tesla shareholders
...If it happens, Tesla will be five times bigger than all the Texas-incorporated Russell 3000 stocks put together, FTAlphaville’s Bryce Elder adds.)...
February 5, 2024
ESG investing
BlackRock sued by Tennessee over ESG strategies
...In late 2022, after it was placed on a list of financial firms boycotting fossil fuel companies in Texas, BlackRock said it had invested more than $100bn in Texas energy companies, notably ExxonMobil....
December 18, 2023
Fund management
JPMorgan and State Street quit climate group as BlackRock scales back
...Two of the world’s biggest asset managers are quitting an investor group set up to prod companies over global warming and a third is scaling back its participation, in a major setback to the ambitions of...
February 15, 2024
TikTok Inc
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
...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....
March 14, 2024

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