Elon Musk hints at Tesla move to Texas after $55bn pay snub

The setback is Musk’s latest in Delaware after the billionaire surrendered in his battle to renege on his $44 billion offer to buy social-media platform Twitter

Elon Musk: the Tesla boss manifested his distaste for Delaware to the point that when it came time to rename Twitter, he moved the company’s state of incorporation to Nevada. Picture: Getty

Shortly after a Delaware judge voided Elon Musk’s $55 billion Tesla compensation package, the billionaire took to social media to vent his feelings: “Never incorporate your company in the state of Delaware.”

Musk’s sour sentiments about Delaware should come as no mystery given his costly legal setbacks in the state.

Musk was hit with a ruling Tuesday invalidating his 2018 pay package — the largest in US corporate history — after an investor claimed it ...