Tesla’s Move to Texas Sparks EV Industry Shift Away from Delaware
Tesla’s decision to relocate its legal incorporation from Delaware to Texas has set off a ripple effect in the electric vehicle (EV) industry, with several major companies following suit. This trend, dubbed the “Dexit,” stems from a Delaware court ruling that canceled Elon Musk’s $56 billion Tesla pay package, prompting a reevaluation of the state’s…