Tuesday, 26 October, 2021

Tesla moves headquarters to Texas

  • Sun Online Desk
  • 8th October, 2021 04:00:14 PM
  • Print news
Tesla moves headquarters to Texas

Tesla has announced it will move its company headquarters to Texas from California.

Chief executive Elon Musk announced the move at the electric carmaker's annual shareholders' meeting in Austin, reports BBC.

Mr Musk had fallen out with local politicians in Alameda county, California, the location of a key Tesla factory, over its Covid response.

He gave several reasons for the move, telling shareholders its Californian factory in Fremont was "jammed".

California was also a difficult place for his employees to find affordable housing, he told shareholders.

The billionaire technology entrepreneur has had an fractious relationship at times with California.