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...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.”...
...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....
...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”....
...“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....
...in the city of Taylor in Texas....
...He added that an informal poll he had earlier held on such a shift was “unequivocally in favour of Texas”....
...A series of towns in the northernmost region of Texas, known as the Panhandle, issued evacuation and shelter in place orders....
...“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...
...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...
...Over a bottle of vodka at 10am on a weekday, he and the famed Texas trial lawyer Joe Jamail agreed to a $3bn settlement to end a legal fight between Texaco and Pennzoil....
...The Texas governor last year signed legislation to create the Texas Business Court to hear commercial cases worth more than $5mn or $10mn, depending on the type of dispute....
...New York has sued 17 bus companies for bringing thousands of migrants to the city from the Mexican border at the behest of Texas governor Greg Abbott, in a scheme that it says has caused a housing and budget...
...United Airlines last week said it now anticipates Boeing will deliver 61 of the narrow-body aircraft in 2024, down from an expectation of 101 at the beginning of this year....
...The group — which also includes the Business Roundtable, Texas Association of Business and Longview Chamber of Commerce — is asking the court to void the rule and prohibit the FTC from enforcing it....
...Three regions produce 61 per cent of the country’s natural gas: Appalachia, the Permian and the Haynesville (mostly east Texas and Louisiana)....
...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....
...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....
...“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....
...TikTok has responded to critics by pointing to its $1.5bn investment in “Project Texas”, a corporate restructuring designed to wall off US user data from China....
...Read a transcript of this episode on FT.com...
...Elon Musk is to shift the incorporation of SpaceX from Delaware to Texas, seeking to further limit exposure to the state after a judge there shot down his $56bn pay package from Tesla last month....
...There is perhaps no state in the West so prone to self-mythology as Texas. And in Texas, nowhere holds on tighter than the monied cowboy town of Fort Worth....
...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....
...The analysis found just 1 per cent of superhot rocks’ power potential in the US could produce more than 4TW of power, equivalent to 21bn barrels of oil....
...That is my six-pack of initiatives. I can think of hundreds of others, but gardening is a progression, leading us on to ever more....
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