Move follows through on a threat Elon Musk made in 2020 when tensions with California boiled over during the pandemic
Tesla CEO Elon Musk. Picture: POOL VIA REUTERS/PATRICK PLEUL
Critics of Musk’s handling of the public health crisis included a California state assembly member who tweeted his name along with an expletive. The billionaire replied hours later: “Message received.” Tesla was founded in 2003 and first based in San Carlos, California. It announced a move to Palo Alto — the leafy Silicon Valley suburb that’s home to Stanford University and several venture capital firms — in 2009, the year before its initial public offering. Since then, the company has grown from scrappy start-up to the world’s most valuable vehiclemaker.
The carmaker joins a number of other tech companies with operations in Austin. Dell Technologies was founded in the city, and Apple and Facebook each have a large presence. Oracle said last year it was moving its headquarters to Austin from Silicon Valley, one of several transplants to the Texas state capital during the pandemic.
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