Elon Musk is moving Tesla’s headquarters from Silicon Valley to Texas after criticising lockdown measures by local leaders as “fascist”. The Telegraph has more.
The electric car company will move from Palo Alto to the Texas capital, Austin, Mr. Musk told a meeting of Tesla shareholders, making it the biggest company to quit Silicon Valley for the Lone Star state yet. Tesla is also building a giant “gigafactory” in Austin.
Mr. Musk told investors: “I’m excited to announce that we’re moving our headquarters to Austin, Texas… Just to be clear, though, we will continue to expand our activities in California.”
The Tesla billionaire has been an outspoken critic of some of California’s coronavirus policies, at one stage calling them “fascist”, after they forced the car company to close its plant in Fremont due to lockdowns.
In May last year, Mr. Musk sued state officials, claimed Tesla would move its headquarters and threatened to shut down manufacturing in California. Mr. Musk moved his home to Texas last December.
But Texas has also looked to lure companies with lucrative tax breaks. This year, Texas will offer tax breaks totalling $44.5 billion (£33 billion), including $14 billion in property tax breaks and billions of dollars in breaks for car sales. The state has no income tax. It also has some of the lowest energy prices in the US and loose business regulations.
California has also proved prohibitively expensive for living costs, with soaring property prices.
Tesla is not the first technology company to abandon Silicon Valley. Palantir, a big data company founded by Republican supporter Peter Thiel, left California for Denver, Colorado. Others including HP and Oracle, which was founded by Republican Party donor Larry Ellison, have both also relocated.
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I think there’s a lot of Texans hoping new arrivals fleeing failed states don’t bring with them and spread the ideas that say ruined California.
Perhaps they need two weeks quarantine and testing to see if the are immune to the OPM (other people’s money) virus?
Sadly, refugees tend to spread the very thing that they claim to be fleeing.
You import it, you get it.
Will non-Corona (Red) states end up seceding I wonder? There seems to be an intractable rift forming and has been for years. I’m inclined to think we may see the break up of the Union….
If it could be done with minimal confrontation, that would be wonderful. It would be a relief to have somewhere to escape to!
Knowing them it definitely couldn’t! But it would be so great to have a sanity haven somewhere in the world..
It would certainly be a reason to celebrate in Russia and China. This is something all Americans must come to understand in their internal bickering.
Oh purleeeez! China has already colonised most of the world without dropping a single bomb. Russia is quite happy with its huge oil reserves, endless natural resources and ever expanding cooperation with China thank you very much and doesn’t need to compete with anyone. I imagine both countries already see the US as a failed state, drowning in its own debt, and behind the scenes I imagine are probably helping to prop it up in order to stave off a global meltdown. They’re certainly not adversaries in the two dimensional way you suggest; that’s a very 20th century perspective.
Particularly comical that the old fashioned confrontationists are still fantasising about Ronald Reagan confronting an Evil Empire, while all around them their world slumps into Oceania confronting Eastasia.
I guess it is quite good news that California will have less pressure on resources, but is Texas any better? Where do they get water from?
Good question.,Hope EM knows the answer.California has been sucking out its own life blood for a generation or more.
The Californian bucket will fly you just need to pull that handle harder.
There are always business or other incentives as well, but I suspect there might be an element of making sure they don’t finish up on the wrong side of any new borders that might arise over the next decade or two.
Wouldn’t want to end up in some leftist dominated totalitarian woke dystopia. Be like living in Islington….
It would be Texas for me. Pity I’m not a billionaire.
Me too let’s crowd fund some sort of exodus!
Musk says lockdowns are facist .
give me a break.
How about an article on the Musk fronted Skynet / one web / Starlink ?
While everyone is consumed be the covid scam these people are busy constructing the total control grid .
As for a blue state exodus/brain drain , this is another complete distraction.
Please research Planatir, Thiel, Ellison , Oracle.
These are NOT conservative people/ organisations. The overarching global power players have no political allegiance except to the control plan .
ditto the politicians.
We are heading to a total control State and World . You will conform or succumb.
This story is a complete distraction, please will someone of influence produce some proper journalism before it’s too late.
Yeah, Musk complaining about fascist policies is a bit rich when he himself has fascist tendencies. Musk is part of the problem. He was recently quoted saying “privacy doesn’t matter”.
Moving to Texas is just a business decision for him, and nothing more. It’s disgusting that he tries to sugar coat it as some kind of stand against fascism. If he was really doing that he’d lobby the California state instead of moving.
Planet Lockdown’s interview with Catherine Fits explains well how Musk and his work builds the globalists surveillance state.
All planned.
They will take the same nonsense that ruined their own home instead of learning from the places they want to go to.
Typical migrant mindset
Think he might have a bit of a problem persuading Texans to welcome his company and then also to buy his grossly overpriced, world resource destroying and third world slave labour employing (mining the quite rare metals required in the batteries), leccy vehicles.
Hopefully.
After all Texas does have quite long distances to travel – bit of a problem for electric vehicles – and an historic attachment to cars with internal combustion engines.
Is he taking the workforce with him, or just pissing on them and telling them to bugger off I wonder?