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The state has handed big business a series of legislative wins as it races to woo corporations from Delaware, including a law that helped pave the way for Elon Musk’s big Tesla payday.
By Niko Gallogly
Elon Musk scored a major victory this month when Tesla awarded him $29 billion, a “first step” in a long-promised payday. It was also a win for Texas, where Tesla is now incorporated. A new law in the state helped pave the way for Musk’s pay package after it was initially blocked by a Delaware judge.
