The billionaire’s comments come two days after a Delaware judge tossed out his record-breaking US$56 billion Tesla pay package, calling the compensation granted by the EV maker’s board “an unfathomable sum” that was unfair to shareholders.

After the ruling, Musk posted on social media X, “Never incorporate your company in the state of Delaware.”

He then launched a poll on X asking if Tesla should change its state of incorporation to Texas. More than 87% of the over 1.1 million votes cast were in favour of a shift.

“The public vote is unequivocally in favour of Texas! Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas,” Musk said in his latest post on X, formerly known as Twitter.

Tesla moved its corporate headquarters to Texas from California in 2021, after Musk criticised California’s regulations and taxes harshly.