KNOWLEDGE is POWER / REAL NEWS is KEY
New York: Tuesday, February 20, 2024
© 2024 U-S-NEWS.COM
Online Readers: 337
New York: Tuesday, February 20, 2024
Online: 316
Join our "Free Speech Social Platform ONGO247.COM" Click Here
Neuralink logo and Elon Musk

SCIENCE & TECH: Elon Musk’s Neuralink incorporating in Nevada after Delaware judge axes Tesla pay

🔴 Website 👉 https://u-s-news.com/
Telegram 👉 https://t.me/usnewscom_channel

Elon Musk’s brain-chip implant company, Neuralink, changed its location of incorporation from Delaware to Nevada, according to the business portals of both states.

The development comes about a week after Musk said Tesla would hold a shareholder vote to transfer its state of incorporation to Texas from Delaware after a judge invalidated his $56 billion pay package.


The development comes about a week after Elon Musk said Tesla would hold a shareholder vote to transfer its state of incorporation to Texas . REUTERS

Tesla logo
Experts said switching the state of incorporation for Tesla could come with hurdles such as investor lawsuits. Getty Images

However, switching the state of incorporation for Tesla could come with hurdles such as investor lawsuits, particularly if it was seen as a move to secure his pay package, legal experts said.

Musk said last week that Neuralink had implanted its first brain chip in a human patient, who was recovering well after the procedure.

Neuralink did not immediately respond to a Reuters request for comment.



Source link

OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today
OnGo247
New 100% Free
Social Platform
ONGO247.COM
Give it a spin!
Sign Up Today