TESLA CEO Elon Musk has announced he’s moving the electric car giant’s headquarters from California to Texas – after his relationship with Golden State officials soured over the Covid pandemic.
The billionaire, who currently lives in Texas, vowed Tesla will still keep building in California and increase its production line in Nevada during the move.
“To be clear though, we will be continuing to expand our activities in California,” Musk said, according to Forbes.
“This is not a matter of Tesla leaving California. Our intention is to actually increase output from Fremont and from a gig in Nevada by 50 per cent.”
Musk announced the move on Thursday during the company’s annual shareholders meeting held at Tesla’s Texas Gigafactory in Austin.
California remains Tesla’s biggest market in the country and is where a good portion of the company’s vehicles are manufactured.
Musk, however, has had a growingly strained relationship with the state, especially after Alameda County officials – where Tesla’s Fremont factory resides – set restrictions to protect workers during the pandemic.
Meanwhile, an increasingly Libertarian-minded Musk decided to move to Texas last year.
California Governor Gavin Newsom said in May 2020, after Musk threatened to leave the state, that he wasn’t “concerned about Elon leaving anytime soon.”
“I’ve had a lot of conversations with him, and we’re committed to the success and the innovation and the low-carbon, green growth economy that he’s been promoting for decades and the state of California is accelerating in,” said the governor.
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