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Tesla CEO Elon Musk believes the legal system in Delaware has prevented him from getting a fair payday, despite the state’s reputation as the premier locale for incorporation owing to its ...
The richest man on Earth's recent falling out with the state began after a Tesla investor brought a suit claiming Musk's $55.8 billion pay package in 2018—approved by the board—was excessive.
PHOTO:Elon Musk joins President and Republican presidential candidate Donald Trump during a campaign rally at site of his first assassination attempt in Butler, Penn., Oct. 5, 2024.
Elon Reeve Musk (/ ˈ iː l ɒ n / EE-lon; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (which he rebranded as X).Since 2025, he has been a senior advisor to United States president Donald Trump and head of the Department of Government Efficiency (DOGE).
Several US Congress members spoke against Musk's role in the government during the "We Choose to Fight: Nobody Elected Elon" protests. The "freeze of government function" was described as a coup d'état by Seth Masket, a professor of political science at the University of Denver , because "Musk is a private citizen taking control of established ...
“The problem is, the people who are giving them the money aren't even giving them their own money,” he told Musk. “Those are either pension funds or they are intermediaries like investment ...
The decision to move Tesla’s state of incorporation came after a Delaware chancery court rescinded Musk’s pay package, as the judge found it was awarded to Musk by a board that didn’t act ...
He then put the issue to a user poll in which he asked whether Tesla should move its state of incorporation to Texas, in line with where its headquarters are situated.. More than 750,000 accounts ...