Elon Musk is often not happy about something — and right now he’s very unhappy with Delaware.
The Tesla CEO lashed out after a Delaware judge ruled against his $55 billion compensation package on Tuesday. Judge Kathleen St. J. McCormick sided with a lawsuit from a Tesla shareholder that argued Musk’s pay plan was excessive.
Since then, Musk has been sounding off on X, and suggested he could take Tesla out of the state entirely.
Musk later posted a poll asking users to vote on whether the EV company should change its state of incorporation to Texas, where its headquarters are located.
Should Tesla change its state of incorporation to Texas, home of its physical headquarters?
— Elon Musk (@elonmusk) January 31, 2024
Representatives for Musk did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Musk has been gunning for more control of Tesla. Earlier this month, the Tesla CEO threatened to take AI development out of the EV company unless he obtained control of about 25% of the votes — roughly double what he has now.
The blunt and unexpected comments pushed Tesla shares down 2.7% in premarket trading Wednesday and angered some investors.
Ross Gerber accused the billionaire of seemingly “blackmailing the Tesla shareholders” by refusing to build stuff “unless he gets another $30 billion.”
“Where in the world does paying a CEO $30 billion make any logical sense in the modern world, who already has a $150 billion stake in the company?” he added.
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