Tesla Inc. is moving its headquarters to Austin, Texas, cementing Chief Executive Elon Musk’s commitment to the Lone Star State and adding to a handful of Silicon Valley companies that have relocated there.
Mr. Musk announced the move from Tesla’s Austin-area factory, which the company began building last year and where it held its annual shareholder meeting Thursday. He added that Tesla plans to expand its activities in California but that the company’s ability to scale up in the San Francisco Bay Area is limited.
Nah, contempt for an entrepreneur HAD NOTHING TO DO WITH IT - moving HQ & crown jewel of EV tech (prompting the Big Three to get it in gear) from California to Texas. Oh wait, had everything to do with it... elonmusk LorenaSGonzalez GavinNewsom
Nah, aggressive, anti-business politics has nothing to do with it... elonmusk LorenaSGonzalez
CA is the greatest state in the greatest nation in history but is living on the goodwill of past accomplishments, WHICH COULD lead to businesses leaving. $TSLA HQ moving but Freemont, CA factory stays. Why not expand in CA? Only time will tell the impact of politics on business.
With this move, there will be a lot of progressive people will need to adjust to unfamiliar situation of living in a red state. The GOP in Texas is solidifying their grip on power in the state, and it does not matter how politically blue Austin is.
Good riddance! Those are faux green cars that require tons of energy and exploitation to build, are only for the rich and produce way too much smug...
Tesla WELCOME T❤️ TEXAS! L❤️VE IT!
They are moving to Austin . The rest of the state might as well be Mars.
Good move, Elon. California leftists politician is destroying the state and leaving them is the best punishment.
This is going to go all sorts of wrong.
BoycottTesla BoycottTexas BoycottElonMusk EnforceTheSubpoenas ArrestTrumpNow
Bye!
Well elonmusk said this idea a while back, it's no surprise after hes split with Grimezsz ShowBizNews420
Musk is a school shooters supporter.
K
May the hurricanes eff with your supply chain and the an ancient power grid frustrate the hell out of you elonmusk. TexasIsAShithole
Noooooooooooo
Hope they’re bringing their own power plant…
Alternative lead elonmusk is a genius - BUT he can't read the room Maker of electric cars to move from the one of the most liberal states to one of the most conservative BC conservatives (and oil-obsessed Texas) LOVE electric cars 😂🤣😂🤣😂 HUGE LogicFail CommonSenseFail
Who cares
Adios. Can't wait for texas to flip blue 🤣🤣🤣🤣🤣🤣🤣
Yeah, well with the housing shortage in the region, we don’t want it. Some houses are selling for $25k to $100k over list price.
Oh boy. I wonder why.. 💸💸💸
big pro life proponents, eh?
So, Elon Musk is going to move his company to the MIDDLE of oil country, This guy Musk is not very smart.
Well he’s not with Grimes anymore, so I kind of lost interest.
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Texas is the new California guys
Dude
How & why is this news?! Didn’t he say this months ago during last attendance of a Joe Rogan Podcast?!…
That sound you hear is the door hitting Elon on his way out.
Wow, California just lost a major taxpayer worth more than 500$ billion. And for those that say he shan't move production, that's coming. Although having the HQ of one of the future great companies of the world now going to be in Texas, this is a big hit to California.
At least it's not Florida?
Have fun trying to hire/retain women, dingbats!
Pay zero taxes for 10 years, Abbott is giving it away!
A state where you can't even buy them directly from Tesla!?! Priceless!!
This will make Texas blue and no longer purple
GavinNewsom is the top salesman in Texas!
LETS GO
Unfortunately California is moving to Texas, and every other place in the country that had any kind of stability safety and harmony.
👋👋👋
Awesome!
thanks
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