Andreessen Horowitz Leaves Delaware for Nevada, Tells Startups to Follow

Tesla shareholders approved the pay package both at the time it was instituted and after the judge's decision. What evidence do you have that Tesla is ignoring shareholders? Shareholders approved the plan twice.

Elon's pay package was very unusual. He would be paid a salary of zero. He would only receive compensation if he drove his company to ridiculously high growth, and only if he sustained that over a number of years. This package was agreed by shareholders (all of which have been massively enriched by Tesla). Few believed Elon could hit these targets.

Elon surprised everyone when he achieved ALL the ridiculously high targets.

Even more surprisingly, and somewhat disturbingly, a judge then decided to nullify his shareholder-agreed package, such that he would receive ZERO compensation for growing a penny stock startup into the world's most valuable automaker.

Obviously, Tesla disputed this ruling, and held another shareholder vote on Elon's original package. The shareholders once again voted for Elon to be given what he was promised by the company.

The judge again disregarded the opinions of the shareholders.

This happened in Biden's home state.

It's no wonder that Tesla reincorporated elsewhere, is it?

You mean the pay package that was approved by shareholders not once, but twice? The pay package people said "the goals are so ridiculous, Elon deserves every penny if he hits them"?

But regardless, it's about predictability. If it's not predictable, business goes elsewhere. If a state wants to be unpredictable, have at it, but businesses aren't going to stick around.