Technologist and megabillionaire Elon Musk announced that Tesla, the electric vehicle manufacture of which he serves as CEO, will be moving its headquarters from Silicon Valley in California to Austin, Texas.
Tesla is one of the most valuable auto manufacturers in America, breaking into the Fortune 500 in recent years as popularity of hits vehicles has increased. Musk made the announcement during a Thursday meeting with Tesla shareholders.
“Our factory is five minutes from the airport, 15 minutes from downtown, and we’re going to create an ecological paradise, because we’re right on the Colorado River. It’s going to be great,” said Musk of the move. Austin’s Mayor and Texas