Tesla moving from California, Musk announced the relocation to Texas

Company Tesla Until now, Elona Muska was based in Palo Alto, California. But that will soon change. At a meeting in a new Texas factory, Musk announced that the headquarters would be moved to Austin, Texas. It is something that has been talked about several times, and it was discussed in May last year due to a coronavirus pandemic. At the time, as part of anti-coronavirus measures, California banned Tesla’s plant from running and producing, which Musk didn’t like at all, and it was a big riot. He then called the California regulations fascist and threatened to leave, which is now happening.

But there will probably be more reasons for leaving. A new Gigafactory carmaker is being completed in Texas, it is also a bit more in the center of the USA, ie closer to both coasts of the United States (in addition to the new Tesla factory, there is also one of the launch sites for SpaceX rockets). Finance will certainly be an important reason. California is a very expensive state with high taxes, which is the opposite of Texas, where there is also cheaper labor and less state regulation. But that doesn’t mean Tesla will leave California completely. The factory in Fremont will move on and even plans to increase production capacity by 50%. The same is planned for the Nevada plant.

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Source: Svět hardware by www.svethardware.cz.

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