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...The company is asking shareholders again to vote in favour of Elon Musk’s 2018 pay package — the same one nullified earlier this year by the Delaware Court of Chancery....
...ESG-scepticism voting screen for the Texas fund, told me....
...Studying other companies with domiciles outside Delaware, including Apple, Nike and Microsoft, the letter said it found “no convincing evidence that reincorporating in Texas would affect Tesla’s market value...
...in the city of Taylor in Texas....
...Robyn Denholm, chair of Tesla’s board, wrote to shareholders on Wednesday asking them to approve the move to Texas and to ratify Musk’s pay package, which they previously approved at a meeting in 2018....
...A person in Texas has contracted the second known human case of H5N1 bird flu in the US, the Centers for Disease Control and Prevention said....
...Mexico, which has stepped up immigration enforcement at the behest of the US in recent years, swiftly rejected the ruling. “Our country won’t accept repatriations by the state of Texas....
...All we’re going to add is data, starting here: By market cap Tesla is in the top tier of companies incorporated in Delaware, though the year-to-date sell-off has narrowed its lead over the pack (Visa, Broadcom...
...Joe Biden and Donald Trump have won their respective primary races in Texas, according to the Associated Press....
...In Texas, all eyes are on the Democratic Senate primary to determine who will face off against Ted Cruz, Republican firebrand and progressives’ bête noire, in November — a race many in the party believe...
...Since the pandemic especially, Texas has seen a significant influx of big companies moving either their headquarters or major operations to the state driven by what is perceived as a welcoming environment...
...But DD’s Sujeet Indap writes that the tables have turned. Texas is the new booming venue for large commercial litigation....
...The outcome of races in Texas’s State House of Representatives will indicate how far to the right America’s biggest Republican state has shifted, as the party’s pro-Trump wing seeks to oust more moderate...
...Tesla will “immediately” hold a shareholder vote on whether to move the company’s corporate registration from Delaware to Texas, Elon Musk wrote in a post on his social media platform X on Wednesday night...
...The underdog of British music, indie rock, is back in the ring. ★★★★☆ ‘This Could Be Texas’ is released by Island...
...In the year ending March 2023, construction began on 72,000 new homes in Houston, Texas, population 7.5mn: more than three times the 20,500 new homes started in London, whose population is considerably larger...
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...Texas is battling the largest wildfire in the history of the state and the second largest on record in the US, as a series of blazes ripped across the state’s north-west in unusually dry conditions after...
...It is undisputed that the only possible connection between the Debtors and the Southern District of Texas before the filing of these cases were two economically insignificant transactions . . . . the rental...
...The acquisitions made the company the biggest producer in the basin and in the state of Texas....
...Greg Abbott, the Republican governor of Texas, has propelled the issue on to the national stage through a campaign of busing migrants to Democratic cities in the north-east and west coast....
...Musk is also seeking to change the company’s state of incorporation to Texas, partly in protest at a Delaware court decision to void a $56bn pay package he was awarded in 2018....
...Companies will need shareholders’ approval to relocate, regardless. Tesla has already moved its corporate headquarters from California to Texas....
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