Elon Musk says Tesla will move HQ from California to Texas
Headline from WDIO Duluth
Tesla CEO Elon Musk says the electric car maker will relocate its headquarters from Palo Alto, California, to Austin, Texas. The company will keep expanding its manufacturing capacity in California, though.
WDIO Duluth's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Tesla CEO Elon Musk confirmed during the company's 2021 annual shareholders meeting on Thursday that Austin will be the electric vehicle maker's new headquarters.
Tesla CEO Elon Musk says the electric car maker will relocate its headquarters from Palo Alto, California, to Austin, Texas. The company will keep expanding its manufacturing capacity in California, though.
Disenchanted with California's political environment, Elon Musk said Tesla will relocate its corporate offices to Austin but will continue to expand in California as well.
By Rob McLean, CNN Business Tesla HQ is getting a new home. “I’m excited to announce that we’re moving our headquarters to Austin, Texas,” CEO Elon Musk said Thursday during a Tesla shareholders meeting.
The electric carmaker will leave its headquarters in Silicon Valley for Austin. Musk is one of several tech bosses to have personally left California for states with less regulation.
Tesla is moving its headquarters from California to Austin, Texas, Elon Musk said at the 2021 annual meeting of stockholders held virtually in the new Austin Gigafactory
Elon Musk told shareholders on Thursday that Tesla's headquarters will be moving to Austin, Texas, citing the high cost of housing in California's Bay Area where the company is currently located.
Tesla will move its headquarters from Palo Alto, Calif., to Austin, Chief Executive Officer Elon Musk announced at the company's annual shareholder meeting Thursday.
Elon Musk told shareholders on Thursday that Tesla's headquarters will be moving to Austin, Texas, citing the high cost of housing in California's Bay Area where the company is currently located.
Tesla says it will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State.