Explainer: Did Delaware ‘lock the doors’ to stop companies from leaving, as Musk claims? | Reuters

Elon Musk has claimed that Delaware, home to much of corporate America, is trying to prevent businesses from heeding his call to leave the state, where a court invalidated his $56 billion Tesla pay package.

Since the Delaware Court of Chancery ruled to rescind Musk’s record pay package on Jan. 31, the Tesla CEO has posted on social media about reincorporating the electric vehicle maker in Texas, where it has its headquarters, and encouraging others to follow.

Source: Explainer: Did Delaware ‘lock the doors’ to stop companies from leaving, as Musk claims? | Reuters