Coverage dated February 21, 2023 to February 22, 2023
Tesla moving engineering HQ back to California
Headline from 12News Now Beaumont
The move back to California comes only two years after the company moved its headquarters to Texas in a bid to avoid the state's red tape.
12News Now Beaumont's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Tesla founder Elon Musk announced Wednesday that the automaker is moving its global engineering headquarters to the Bay Area, already home to the company's largest manufacturing plant.
Tesla will make its new global engineering headquarters in Silicon Valley, California, Tesla CEO Elon Musk and Gov. Gavin Newsom (D-CA) announced Wednesday, with plans to take over the Palo Alto office space formerly occupied by Hewlett Packard.
Tesla did not provide details about the implications of the move, such as how many jobs will be created and the incentive package likely offered by California.
California Gov. Gavin Newsom joined Tesla CEO Elon Musk at a press conference Wednesday to announce the electric vehicle's global engineering headquarters will be in Palo Alto, California.
Despite moving its corporate headquarters to Texas, Tesla now considers California its global engineering home and “effectively a headquarters of Tesla.”.
