🚨Musk Challenges to Dismiss Delaware Lawsuit After Tesla’s Move to Texas In May 2024, shareholder Michael Perry sued Musk and Tesla’s board in Delaware Chancery Court, alleging insider trading in a $7.5B stock sale to fund X’s buyout. On 8/4/25, Musk’s team moved to dismiss, arguing Delaware lacks jurisdiction since Tesla reincorporated in Texas in 2024 and “fails to show any actual harm to the company.” Should Delaware still get jurisdiction over this lawsuit?