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[-] jonne@infosec.pub 28 points 10 months ago

That's why he moved the companies to Texas from Delaware, because even though Delaware is ridiculously business friendly, they'll actually defend shareholders' rights there.

[-] Tollana1234567@lemmy.today 5 points 10 months ago

except deleware also deliver swift justice through the courts when things like these happens, which is why they move to texas.

[-] jonne@infosec.pub 3 points 10 months ago* (last edited 10 months ago)

Well yeah, that makes it business friendly. No corporation likes to be tied up in court for ages. Texas has just been trying to pass Delaware in a race to bottom of which state is the most business friendly (and thus anti-consumer, anti-environment, etc).

[-] artyom@piefed.social -3 points 10 months ago

They didn't move from Delaware, they moved from California...?

[-] jonne@infosec.pub 10 points 10 months ago* (last edited 10 months ago)

Tesla was incorporated in Delaware, like many other US corporations.

https://archive.md/fFNb6

Obviously nothing changed physically, this is just a paperwork thing.

this post was submitted on 13 Oct 2025
171 points (99.4% liked)

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