Delaware

The Delaware Supreme Court reinstated Elon Musk's 2018 Tesla Inc. (NASDAQ:TSLA) compensation plan on Friday, reversing a lower-court ruling. Court Reverses Lower Ruling, Restores Historic Pay Deal The Delaware Supreme Court overturned a 2024 decision that had voided Musk's 2018 Tesla pay package,...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk on Wednesday renewed his attacks on Delaware's corporate regime after Coinbase Global Inc. (NASDAQ:COIN) said it will follow Tesla and SpaceX in abandoning the state as its legal home and reincorporate in Texas. Elon Musk Escalates Warnings To Companies...

OpenAI‘s ambitious plan to restructure into a $300 billion public-benefit corporation is encountering significant obstacles as state regulators demand independent valuations and major investors clash over equity distribution. What Happened: Delaware’s attorney general is hiring an...

A Delaware judge once again struck down a compensation plan for Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk from 2018 on Monday, six months after Tesla shareholders approved the $56 billion pay package for a second time. The Timeline: Delaware Chancery Court Judge Kathaleen McCormick ruled in...

U.S. markets saw mixed results on Monday: the Dow Jones Industrial Average slipped 0.3% to 44,782, the S&P 500 edged up 0.2% to 6,047.15, and the Nasdaq climbed nearly 1% to close at 19,403.95. These are the top stocks that gained the attention of retail traders and investors throughout the day...

A Delaware judge has once again struck down a compensation plan for Tesla Inc (NASDAQ:TSLA) CEO Elon Musk from 2018, news that comes six months after Tesla shareholders approved the pay package for a second time. What Happened: A 2018 pay compensation plan provided several milestones that seemed...

Tesla Inc. (NASDAQ:TSLA) shareholders approved the pay compensation package plan for CEO Elon Musk that was originally approved in 2018, during the annual shareholders meeting. The next step for Musk is reportedly to convince a skeptical Delaware judge to approve his $56 billion pay package after...

A juror who played a part in convicting Hunter Biden on gun-related charges has come forward to criticize the defense strategies and reveal the factors that led to the guilty verdict. What Happened: The juror, who requested anonymity, expressed concerns about potential repercussions from the high-...

Chancellor Kathaleen McCormick, the Delaware judge who nullified Musk’s $56 billion pay package, said that she is assured Tesla Inc. (NASDAQ:TSLA) will not challenge the ruling on CEO Elon Musk’s pay package in any other jurisdiction. What Happened: This assurance came after the...

A Delaware judge recently ruled against a $56 billion compensation plan for Tesla Inc (NASDAQ:TSLA) CEO Elon Musk, which created some level of uncertainty for the company. Musk could soon be appealing the decision. What Happened: Shareholders and analysts have been expecting Musk to appeal the...

Tesla CEO Elon Musk is still smarting from the legal fallout that overturned his massive 2018 compensation plan, and on Monday, he expressed his frustration by urging companies to relocate out of Delaware. What Happened: Reacting to CNBC’s interview with former SEC Chair Jay...

A Delaware judge recently voided a compensation plan for Telsa Inc (NASDAQ:TSLA) CEO Elon Musk from 2018, which was previously approved by the company's board of directors and shareholders. The decision has prompted Musk and Tesla to consider changing their incorporation from Delaware to Texas, the...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday urged other companies to shift their state of incorporation outside Delaware on the heels of the EV giant. What Happened: “Change your state of incorporation out of Delaware before they lock the doors.” Musk wrote on X. The CEO added...

President Joe Biden remained unscathed after a car collided with a Secret Service vehicle in his motorcade on Sunday night in Delaware. The cause of the collision was not immediately confirmed. Following the collision, Secret Service agents swiftly moved the president to another vehicle, reported...

FTX and its affiliated debtors have asked the U.S. Bankruptcy Court in the District of Delaware to exclude two of its subsidiaries in Turkey, FTX Turkey and SNG Investments, from the ongoing bankruptcy case. What Happened: This motion was filed as FTX, aka FTX Trading Ltd., and its...