Tesla CEO Elon Musk said the company would be moving its headquarters from Palo Alto, California to Austin, Texas, a city that has recently seen a flood of tech companies and remote workers. Musk announced the news at the 2021 Tesla, Inc. Annual Meeting of Stockholders, which took place at the Tesla Austin gigafactory, rather than in the Bay Area as it did in previous years.
Last May, Tesla filed a lawsuit against Alameda County over the shuttering of the company’s manufacturing facility in Fremont, California to stop the spread of COVID and restrict any businesses not deemed essential and threatened to take his business outside the state. The drama with Alameda County wasn’t mentioned at the Shareholder event. Rather, Musk attributed the move to Texas in part due to a more accessible location for workers.
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— TechCrunch (@TechCrunch) October 7, 2021