Diogenes
Nemo me impune lacessit
Tesla’s legal team has proposed new legislation that could overhaul Delaware corporate law—and pave the way for Elon’s $55B pay package to be restored. The 2024 Chancery Court ruling that voided the compensation plan sparked backlash from Elon and top business leaders, pushing companies to ditch Delaware as their state of incorporation. Now, Delaware lawmakers must decide; double down on anti-business rulings or fix their sinking reputation before more corporations flee?
View: https://x.com/MarioNawfal/status/1891928168652734741