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Musk Is Moving Tesla’s Headquarters From California To Texas

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Tesla CEO Elon Musk announces that Tesla is shifting its headquarters to Texas during the carmaker’s annual shareholder meeting at its new Austin plant.

Tesla, born in Silicon Valley in the early 2000s, is moving its headquarters to Texas where the electric-car maker’s billionaire CEO Elon Musk already lives, though it will continue building vehicles in the San Francisco Bay Area.

Musk made the announcement Thursday evening at the company’s annual shareholders meeting, held at Tesla’s nearly complete Texas Gigafactory near Austin. He didn’t specify the precise timing of when the current headquarters in Palo Alto would close, though the move is not entirely unexpected.

“To be clear though, we will be continuing to expand our activities in California,” Musk said. “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%.”

Though California remains Tesla’s biggest market in the U. S. and largest source of vehicle production, Musk has soured on the state in recent years, most notably after health officials in Alameda County, where the company’s Fremont factory is located, set restrictions to protect worker safety and health during the early days of the Covid-19 pandemic in 2020. Musk, whose views have grown more libertarian over the years, moved to Austin in 2020.

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