Elon Musk announced Friday that Tesla’s headquarters will move from California to Texas, where much of the electric car maker’s production has already been relocated.
Musk made waves when lashed out at lawmakers in the Golden State in April 2020. The Tesla CEO called them “fascist” over state and local COVID regulations. The company later relocated production to Austin, Texas. Musk himself also made the move to the Lone Star State after years of calling California home.
KXAN-TV reported that during an earnings call on Thursday with Tesla investors, the billionaire announced the company will now be headquartered in Austin, and no longer in Palo Alto, California. He clarified that a facility in Fremont, California, will remain open, and would actually increase production.
“I’m excited to