Musk Shifts Tesla Incorporation to Texas After Investor Vote
- Shareholders approved Texas move, Musk pay at annual meeting
- Move unites electric car maker’s legal, physical headquarters
Elon Musk
Photographer: Alain Jocard/AFP/Getty ImagesTesla Inc. has officially shifted its incorporation to Texas from Delaware, according to paperwork filed with the Texas secretary of state’s office.
The move unites the company’s legal home with its physical headquarters, which have been in Austin for years. The paperwork was submitted late Thursday, following a vote by Tesla investors in favor of the departure from Delaware.