Part 4/10:
The history of Musk's compensation attempts is intertwined with legal and political battles. In 2018, shareholders approved a similar deal, but a Delaware judge—perceived to be connected to political interests hostile to Musk—invalidated it. The judge’s ruling led to widespread upheaval, with companies leaving Delaware for states like Texas, citing legal overreach and contractual interference. Tesla responded by re-incorporating in Texas, effectively moving its legal domicile and resetting the stage for a new vote.