177 Well California is going further into the Red... Elon bringing his corporations to Texas. (twitter.com) posted 299 days ago by Island_Photo 299 days ago by Island_Photo +177 / -0 28 comments share 28 comments share save hide report block hide replies
The Delaware Chancery Court is the venue for most big corporate law battles/ decisions.
So if his HQ is in California, how does Delaware even have a role?
Because TESLA is legally incorporated in Delaware, like most other big companies.
Also, TESLA HQ is in Texas already, as his tweet above states.
Edited for better info.
Garg. Thank you. I’m being dense and appreciate your gentle response.
If you look many corporations documents say "a Delaware Corporation" The date of incorporation is different the the state of domicile.
All you need to be a Delaware corporation is a lawyer in Delaware who holds a copy of your corporate documents, and sometimes your books.
So when I open my own company this is the way to go!! 🤣🤓