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Musk Tesla leave Delaware to Texas and take tax revenue with them
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Tesla shareholders vote to reinstate Musk's $56B pay package
Tesla shareholders voted to reinstate Musk's $56 billion pay package and gave a green light to reincorporating the company in Texas

Musk also moved Space X to Texas in 2022 taking with it 9 million.

Is SF next, Musk moving "X" to Texas?

It sure appears a bunch of major businesses are leaving California, NY, Delaware and others in recent years. The big question these states have to answer is how we replace their tax revenue and why are they leaving.

It is not just voters leaving behind blue states, it is individuals like actors, actresses, sports figures and very wealthy guys like Sean Hannity. I see a major issue for sanctuary cities and states in the coming months and years due to Biden and Democrats open border policy pushing illegal immigrants seeking asylum to the sanctuary cities.

States and cities can't print money like the US Government does, all they can do is borrow and borrow at high interest rates or cut their budgets at the cost of safety (police) or money previously earmarked for those living in poverty.

It will be interesting to see how these cities move forward financially and politically in the coming years.
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Musk Tesla leave Delaware to Texas and take tax revenue with them - Luvnit2 - 06-14-2024, 01:13 AM

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