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Announced that it will move Tesla headquarters from California to Texas

Announced that it will move Tesla headquarters from California to Texas

Elon Musk This was announced Thursday during the shareholder meeting Tesla From the headquarters of the luxury electric car manufacturer It will move from Palo Alto, California to Austin, in state Texas.

Musk justified the decision to move the headquarters before high cost of living In the city on the outskirts of San Francisco and next to Difficulties in expanding its facilities.

But the controversial businessman added that the relocation of Tesla headquarters from Palo Alto This will not mean lower production at the factory The assembly owned by the manufacturer is in the nearby town of Fremont.

Musk said he will continue to “expand” his activities in California and that Tesla wants to expand production at the Fremont plant, as well as the giant Nevada plant, by 50%.

Musk has repeatedly expressed his dissatisfaction with California, a stronghold of the Democratic Party. Photo: EFE

Tesla is building a new factory in Austin Large dimensions for vehicle assembly and battery production. He did not mention any deadline for the move when he addressed shareholders at Tesla’s annual meeting.

The announcement met with joy and applause from the small audience at the Tesla manufacturing plant in Austin, where Musk delivered his speech, which was broadcast live on the Internet.

The businessman has expressed his dissatisfaction with the state of California on numerous occasions His criticism of the state, a stronghold of the Democratic Party, has increased since the outbreak of the pandemic.

Musk came to describe the incarceration orders as “fascist” and “forced imprisonment.” It was issued at the beginning of the pandemic, in March and April 2020, by the authorities to contain the outbreak of COVID-19 in the country.

in may 2020, Musk ignored orders from the authorities Alameda County, where the Fremont assembly plant is located, to close the facility to continue actions against the disease.

Musk had the support of the then President of the United States, Donald Trump, who wrote on Twitter that “California should allow Tesla and Elon Musk to open the plant now. This can be done quickly and safely.”

Business leaders in the Bay Area said the relocation of the headquarters was a new sign of turmoil in the region.

lower taxes

After what happened in the second quarter of 2020, Musk moved from Los Angeles, where he lived about 20 years, to Austin. This change also allowed Musk, one of the richest men in America, Significantly reduce what you pay in taxes.

Although Musk never had trouble expressing his thoughts on political issues, the businessman has now decided not to criticize Texas and its Republican Governor Greg Abbott, For its social policies, it is among the most conservative in the countryincluding restrictions on abortion.

In September, when Musk was asked about his support for Abbott and its decisions, he wrote on Twitter: “Generally speaking I believe that government seldom imposes its will on the population, and in doing so, it should aim to maximize their happiness. He said.. that I prefer to stay away from political issues.”

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With information from EFE.

SL