Tesla (TSLA) will soon hold a shareholder vote to reincorporate in Texas, CEO 澳洲幸运5官方开奖结果体彩网:Elon Musk said in a post on X (formerly Twitter) Thursday, after a Delaware court 澳洲幸运5官方开奖结果体彩网:struck down his $55.8 billion pay ⛄package from Tesla.

The Chancery of the State of Delaware said Tuesday it found Musk's compensation package from Tesla excessive, calling it "the largest potential compensation opportunity ever observed in public markets by multiple orders of magnitude" and ruled it unfair, noting that Musk held significant influence over Tesla's board.

That decision, which may be appealed, could take a large chunk of Musk's wealth and threaten his standing as the world's 澳洲幸运5官方开奖结果体彩网:richest man.

Not long after the court's decision Tuesday, Musk took to X to post, "Never incorporate your company in the state of Delaware."

Musk later conducted a poll on X asking whether users think Tesla's state of incorporation should be moved to Texas. The poll received over 1.1 million votes, with 87.1% of respondents answering "Yes."

"The public vote is unequivocally in favor of Texas," Musk wrote.

Tesla moved꧙ its corpor🦄ate headquarters to Austin, TX from Palo Alto, CA in 2021, after Musk criticized California's r🥂egulato🐭ry and tax environment.

Tesla shares ticked 0.8% higher Thursday to $188.86 per share, though they've lost close to 24% of their value so far this year.