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Image: Tesla
Elon Musk has announced that Tesla is moving its headquarters from California to Austin, Texas. He had expressed frustrations over pandemic restrictions in California back in 2020, and now, housing and commuting costs for workers have factored into the decision. He also notes that scalability in the bay area has limitations that can hold back future growth. The CEO already moved to the Austin area in December 2020. The new factory is set to manufacture the Cybertruck. It is also in a prime location close to the airport and downtown.
Image: Tesla
Tesla is one of several tech companies making Texas its new home or point of expansion...
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