In a proxy filing on Tuesday, the oil company said moving would mean operating in a more favorable business environment where officials are more familiar with its operations, provide greater certainty for decision-making, and align its legal and physical headquarters. Exxon asked investors to vote in favor of the transfer in its annual shareholder meeting in May. Domiciling in Texas “may reduce the risk of future frivolous litigation against the Texas Corporation and its directors and officers,” Exxon said in the filing.

Tesla is preparing for an exciting future, but its core business is facing major challenges in the here and now.

Tesla (NasdaqGS:TSLA) has opened its first public Tesla Semi Supercharger and Megacharger stations to support long haul electric trucking. The new charging sites are paired with a ramp up of Semi production at Tesla's dedicated facility in Nevada. These steps come as Chinese electric truck makers increase their presence in Europe, intensifying competition for commercial EVs. Tesla is also operating under growing competitive and regulatory pressure across the broader EV and autonomous...

Tesla has its fair share of bulls and bears, making this a polarizing investment opportunity.