Delaware
If Elon Musk and his buddies think Delaware is too strict, we've got a problem
Mother Jones illustration; Patrick Pleul/Pool/AP; Getty
There’s a piece in today’s Wall Street Journal about how billionaires like Elon Musk are now whining about Delaware—which literally has more corporations than people—because it imposes too many rules. Musk is fretting because a Delaware business court ruled that his $50 billion-plus Tesla compensation package, which was approved by a loyalist board, was excessive and therefore unfair to shareholders who had sued to stop it.
As the New York Times reported, the judge deemed the approval process “deeply flawed” and voided Musk’s contract, calling it “the largest potential compensation plan in the history of public markets.”
The Times noted in a follow-up piece that Musk owns about 411 million Tesla shares, worth around $78 billion, and that he’d pledged 238 million shares for personal loans. Borrowing against their vast portfolios, as ProPublica has detailed, is how Musk, Jeff Bezos, Michael Bloomberg, Warren Buffett, and other ludicrously wealthy Americans have managed to legally avoid the lion’s share of income taxes.
Musk publicly lamented the Delaware decision that would dislodge him from the “world’s richest man” perch. He says he’ll seek to reincorporate in Texas, where Space X is headquartered, and where, as my colleague Abby Vesoulis reports, Musk has been flexing his plutocratic power at the expense of longtime residents.
Never incorporate your company in the state of Delaware
— Elon Musk (@elonmusk) January 30, 2024
The Journal points out that Musk isn’t the only major shareholder chafing at Delaware’s rules, noting that Texas is among the newbies vying to attract more corporate registrations and that another contender, Nevada, offers “broad protections for directors and officers in many cases that Delaware wouldn’t, including involving improper personal gain.”
A state going out of its way to protect corporate crooks may shock you—or should—but Musk’s hissy fit is merely the latest skirmish in the race to the bottom for state corporate oversight. Both Vesoulis and Casey Michel, author of the book American Kleptocracy, detailed in our American Oligarchy package how competition between states to attract companies—which tend to overpromise and under-deliver on jobs and economic development—has resulted in a downward spiral that gives unelected billionaires power over local affairs and has made the United States the go-to destination for illicit wealth, foreign and domestic.
Need a tax haven? A place to hide and launder stolen cash? Why bother with the Caymans or the Bahamas when you can get those services in South Dakota—and you don’t even have to relocate there. If you’re looking for other options, check out Alaska, Illinois, Florida, Ohio, Missouri, Nevada, Florida, New Hampshire, Rhode Island, Tennessee, Wyoming, and the original culprit: Delaware.
During the 1910s, Michel writes:
Not only did Delaware’s legislature up the ante on enticements—exempting corporations from taxes and reimbursing their directors for damages incurred by litigious shareholders—but its Chancery Court began producing the most pro-corporate rulings in the country. For good measure, the state also granted anonymity to anyone who wanted to register a company there.
By 1929, 42 percent of state income came from corporate registration fees and taxes. With a population of a tad more than 1 million, Delaware is now home to 1.9 million corporations, including more than 300,000 registered in 2022 alone. Each year, it rakes in some $2 billion in corporate taxes and fees, far more than any other state. The constituents of Delaware lawmakers, “in a very real sense, are companies,” as the University of Cambridge’s Jason Sharman, an expert on money laundering and corporate regulation, has noted.
Now Texas is in the running too? All I can say is, when a few overpaid moguls can move the impunity needle by griping that Delaware isn’t permissive enough, we’ve got a problem.
Delaware
Canadian Wildfire Smoke Pushes Delaware Air Quality to Code Red | Delaware LIVE News
Photo: data from the livewildfiremap.com website. Image created with AI on 7/17.
Dense smoke is expected to begin clearing Saturday afternoon, but children, older adults and people with heart or lung conditions should remain cautious through the weekend.
Delaware residents are being urged to limit strenuous outdoor activity Friday as smoke from Canadian wildfires pushes fine-particle pollution into the unhealthy range across the First State.
The Delaware Department of Natural Resources and Environmental Control forecast a Code Red Air Quality Action Day for particulate matter Friday, July 17. The state projected a fine-particle Air Quality Index of 186, a level considered unhealthy for everyone.
The smoke is expected to begin gradually clearing Saturday afternoon and evening as winds shift and scattered thunderstorms help mix cleaner air into the region. However, dense smoke may remain trapped near the ground Saturday morning, keeping conditions unhealthy for sensitive groups during the first half of the day.
DNREC forecasts a PM2.5 index of 102 for Saturday, placing air quality in the Code Orange category, or unhealthy for sensitive groups. Conditions are expected to improve to moderate Sunday and Monday, although thin smoke and haze could remain over Delaware.
New Castle County is expected to experience the greatest impact from the wildfire smoke, particularly in Wilmington, Newark and Bear, where fine-particle pollution may remain concentrated near the ground. Kent County, including Dover and Smyrna, is expected to see a moderate impact. Conditions in Sussex County may range from light to moderate depending on wind direction, with Milford, Georgetown and Laurel likely to experience less severe smoke than northern Delaware.
Why the air is unhealthy
The primary concern is PM2.5, microscopic particles with diameters of 2.5 micrometers or smaller. The particles are produced when trees and other organic materials burn and can travel hundreds or thousands of miles from the original fire.
Because the particles are so small, they can enter the lungs and, in some cases, affect the cardiovascular system. The smoke also contains gases and other pollutants, but federal health officials consider fine-particle pollution the greatest immediate health concern during most wildfire-smoke events.
Light northerly winds carried the dense smoke into Delaware. A temperature inversion — a layer of warmer air above cooler surface air — also helped trap the pollution close to the ground, allowing smoke concentrations to build during the morning.
Saturday’s approaching warm front is expected to turn winds toward the south and southwest. Thunderstorms may also help disperse the smoke. A cold front Sunday could carry a thinner plume back into Delaware, while light winds Monday may allow some haze to linger.
Who should be most careful
Code Red means some members of the general public may experience health effects, while people in sensitive groups face a greater chance of more serious symptoms.
Those at higher risk include:
- Children and teenagers, particularly those with asthma.
- Adults 65 and older.
- People with asthma, chronic obstructive pulmonary disease or other lung conditions.
- People with heart disease, high blood pressure or diabetes.
- Pregnant women.
- Outdoor workers and people exercising or playing sports outside.
- People who do not have reliable access to filtered indoor air.
Children are more vulnerable because their lungs are still developing, they are often more active outdoors and they inhale more air relative to their body weight. Older adults are more likely to have existing heart or lung conditions that can be aggravated by smoke.
Symptoms to watch for
Wildfire smoke can cause burning or watery eyes, a runny nose, throat irritation, coughing, headaches and fatigue.
More concerning symptoms include wheezing, chest tightness, shortness of breath, an irregular heartbeat or becoming unusually winded during light activity. People with asthma may need their rescue inhalers more frequently, while those with heart disease may face an increased risk of serious cardiovascular problems.
Anyone experiencing severe chest pain, significant difficulty breathing, confusion, fainting or signs of a heart attack or stroke should seek immediate medical assistance.
How residents can reduce exposure
Residents can lower their exposure by moving exercise and other strenuous activities indoors, keeping windows and doors closed and running air conditioning on a recirculation setting.
Portable air cleaners or high-efficiency heating and cooling filters may help reduce smoke particles indoors. People who must spend extended periods outside may consider a properly fitted N95 respirator, although masks do not eliminate all exposure and are less effective when they do not seal tightly against the face.
Healthy adults are generally less likely to experience serious problems from a brief smoke event, but federal health officials advise everyone to reduce exposure when the air reaches Code Red.
TO GO BOX
- What: Delaware Code Red Air Quality Action Day for fine-particle pollution
- When: Friday, July 17, with Code Orange conditions expected Saturday morning
- Expected improvement: Smoke should begin dispersing Saturday afternoon and evening. Moderate air quality is forecast Sunday and Monday, although haze may linger.
- Who should take extra care: Children, older adults, pregnant women, outdoor workers and people with asthma, COPD, heart disease, high blood pressure or diabetes
- What to do: Limit strenuous outdoor activity, keep windows closed, use recirculated or filtered indoor air and check current conditions before exercising or working outside
- More information: Check DNREC’s Air Quality Forecast page or EPA’s AirNow service. Delaware health questions may be directed to the Division of Public Health at 302-744-4700.
Delaware LIVE collaborates with a network of professional journalists to cover a diverse range of stories across various fields. Staff Writers include experienced journalists and young professionals. If you have questions, please feel free to contact [email protected] or our publisher, George D. Rotsch, at [email protected]
Delaware
Family of Kadir Skinner to sue Wilmington over police killing
Why Should Delaware Care?
A recent police shooting of a 19-year-old in northeast Wilmington has become one of the city’s highest-profile use-of-force cases in years. A Delaware Department of Justice investigation into the incident is expected to be closely watched as residents look for answers and justice.
The family of Kadir Skinner, the 19-year-old who was fatally shot by Wilmington police last month, announced Tuesday they will seek $25 million from the city in a wrongful death lawsuit.
The announcement was made during a press conference the family held with their attorneys on the same day that state and city officials released body camera footage from the night Skinner was shot.
The footage shows a chaotic 28 seconds between the moment the shooting officer leaves his vehicle to chase Skinner, before firing his weapon and handcuffing the wounded teen on the pavement of a Wilmington street. Another three-and-a-half minutes pass after Skinner was shot before officers place him into a patrol car and take him to Wilmington Hospital, where he died.
During the press conference, the family’s attorney Harry Daniels referenced that the video also shows a loose dog behind Skinner as the officer begins his pursuit.
“If they continue to shoot and kill our Black men down in the street as they’re running from a dog. If they do not want to hold those who do it accountable, then we’re gonna try to hold them accountable in their pocketbooks,” Daniels said.
The wrongful death lawsuit has not yet been filed. But the attorney said the family sent the city a notice of a claim on Thursday — a required step before the lawsuit can be filed.
Wilmington officials have said officers chased Skinner after they observed him walking out of a home and pointing a gun at a large crowd of people. The family disputes the claim. The body camera footage does not show the moments prior to the foot chase.
Chance Lynch, another attorney for the family, said during the press conference that the body camera footage sparks new questions about the city account.
“Where was this crowd that he waved a gun [at]? Why didn’t they (the city) mention the pitbull? And when he was running away from the police officer, how was he a threat to that police officer?” Lynch asked.
When reached for comment Thursday, Caroline Klinger, a spokeswoman for Mayor John Carney, said questions about previous statements made by police should be directed to the Wilmington PD.
“The details of the incident are precisely what is being evaluated through the investigation,” Klinger said.
Carney did comment on the situation in a Facebook post made before the family’s press conference Thursday. In it, he asserted that body cameras have “limitations” and that the footage from the Skinner shooting “does not capture the totality of the incident.”
The news of the family’s impending lawsuit comes after the June 24 incident sparked weeks of outcry from community members and elected officials who, until Thursday, had called on authorities to release body camera footage.
Community members have also demanded the name of the officer involved, as well as police reform at the local and state level.
Many of those demands were repeated Thursday evening during a rally and march that begin a the site of Skinner’s shooting and ended at the Wilmington Police station downtown.
Four shots fired
Two hours before the Skinner family’s press conference, the Delaware Department of Justice, city officials and Wilmington police released three body camera videos from officers on the scene the night of the shooting.
The videos show two officers near 24th and Jessup streets exiting their police cruiser before pursuing Skinner on foot.
One officer fired four gunshots while chasing Skinner. Wilmington officials have said Skinner sustained one gunshot wound to the buttocks.
The shooting officer then approaches Skinner, who is already on his knees with his hands up, pushes him to the ground, and puts a knee on his back to handcuff him. During that time, the officer tells another officer to “find the gun.”
Skinner is heard saying, “I don’t got nothing.” A crowd then begins to form in the area as Skinner repeatedly says, “I can’t breathe.”

A separate video from another responding officer shows her near the scene, stopping at a spot and reaching down. She then returns to the immediate scene as sound from her body camera turns on. The shooting officer tells her to “secure the gun.” She responds, “I have it.”
Police previously said they recovered a .45-caliber handgun with an extended magazine but did not say whether Skinner was holding it when he was shot.
The officer who fired the shot, who has yet to be identified, remains on administrative leave, according to police.
In a statement, state and city officials said the investigation into the shooting is still ongoing and noted that the officers involved will be identified once a detailed public report is issued at the end of the investigation.
Read more from Spotlight Delaware
Delaware
Body cam video released of deadly police shooting in Wilmington, Delaware
WILMINGTON, Del. (WPVI) — The family of Kadir Skinner is calling for criminal charges against the police officer who shot the 19-year-old after the release of officer body camera footage that attorneys say contradicts the police account of the incident.
The shooting happened June 24 after 11 p.m. at 24th and Jessup streets.
Calls grow for body cam video in deadly Wilmington police shooting
Body camera video shows an officer drawing and firing his weapon while yelling commands. In the footage, officers can be heard saying, “He’s got a gun,” as they approach Skinner, who is on the ground.
Skinner repeatedly tells officers he is unarmed and says he cannot breathe.
“I don’t got nothing. I don’t got nothing,” Skinner says in the video.
Footage shows officers handcuffing Skinner and kneeling on him while he continues to say, “I don’t got nothing. I can’t breathe.”
Skinner was shot in the rear.
READ MORE | ‘We need answers’: Family disputes details after man killed in Wilmington police shooting
A second body camera angle shows a crowd forming as officers instruct people to back up.
Video from a third responding officer appears to show an officer picking something up from the grass and returning toward the crowd and the officers with Skinner.
In the footage, an officer can be heard saying, “Secure the gun,” and the officer wearing the body cam says, “I have it.”
Attorneys for Skinner’s family, along with family members and community supporters, gathered at Shiloh Baptist Church in Wilmington following the release of the video to demand justice.
“Regardless if he had a gun or not, he was still shot in the back, running from police, not having been a threat,” attorney Harry Daniels said.
SEE ALSO | Family releases witness video after 19-year-old fatally shot by police in Wilmington
Attorney Chance Lynch said the footage showed “an unjustified killing.”
“What we saw and what we witnessed was an unjustified killing,” Lynch said.
Attorneys for the family contend the video disputes the police version of events. Wilmington police previously said Skinner came out of a home armed and waved a gun at a crowd before officers opened fire.
“The video that I saw, I didn’t see a crowd, and I did not see Kadir coming out of a residence. I did not see a crowd, and I did not see Kadir pointing a firearm at a crowd,” Lynch said.
Attorneys and the family maintain that Skinner was running from a loose dog.
The family also announced a $25 million claim against the city of Wilmington for wrongful death. They are seeking criminal charges against the officer who shot Skinner.
The Delaware Department of Justice is investigating.
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