Part 7/14:
The move to Texas is not merely regional; it is part of a broader effort to reshape governance structures that favor Musk’s control, notably by implementing new voting rights and compensation schemes post-redomestication. The planning indicates a carefully thought-out approach, with chapters dedicated to ensuring Musk’s position remains comfortable and his influence protected.
The challenge lies in the voting quorum: changing corporate bylaws requires a higher threshold of shareholder participation, which threatens to derail the process if insufficient votes are cast. Historically, corporate votes in Tesla have been subject to the quorum rules established long ago, requiring a higher participation rate for significant changes.