Musk Gets Blueprint for Moving Tesla With TripAdvisor Opinion

Elon Musk now has some guidelines for moving Tesla Inc.‘s incorporation to Texas from Delaware, thanks to a Tuesday decision in a lawsuit finding that TripAdvisor Inc. can reincorporate in Nevada.

That’s if he can follow the procedures laid out by Vice Chancellor J. Travis Laster of the Delaware Court of Chancery.

TripAdvisor may move its incorporation, a plan challenged by investors who said it benefited company directors—including Greg Maffei, chairman of TripAdvisor’s parent company—at the expense of shareholders. But Laster said the travel review and book site still has to face the investors’ lawsuit, as monetary damages could ...