The steady stream of people and businesses leaving California continues as Tesla CEO Elon Musk announced that the company’s headquarters will be moved from Palo Alto, California to Austin, Texas.
Musk made the announcement at the company’s recent shareholder meeting. The company CEO added that Tesla’s plant in Fremont will remain open, but noted that there is a limit to how much they can do at the plant.
He added that any future production plans will be done at locations outside California. Tesla is currently building a factory in Austin, Texas.
The Tesla CEO was infuriated last year when Alameda County bureaucrats tried to shut down production at the company’s Fremont plant as part of its COVID lockdown.
He said in his opinion, the state’s orders telling people they could not leave their homes as part of this lockdown was unconstitutional.
READ: Elon Musk Says Tesla Moving Headquarters From California To Texas
Several major hi-tech companies have already abandoned California including Hewlett Packard and Oracle.
Reports earlier this year, noted that the population of California shrunk in 2020 for the first time in 177 years due largely to the left wing politics that dominates the state. The departure of 180,000 people may even result in California losing a seat in the US congress.
The Daily Mail cited some of the reasons that people gave for leaving:
Families and firms are being driven away by the high cost of living, crime fears, hefty taxes, inadequate housing, interfering officials, persistent political failures, red tape, raging wildfires and the squalor of streets littered with homeless drug addicts.