Elon Musk announces Tesla to move headquarters to Austin

The automaker dropped the lawsuit just a couple weeks later, but Musk was certainly fired up, tweeting: “Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain Fremont manufacturing activity at all, it will be dependent on how Tesla is treated in the future. Tesla is the last carmaker left in CA.”.

Musk said Tesla plans to build “An ecological paradise” at the Austin location near the Colorado River.

Usually, shareholders vote along the lines Tesla has set for them, but this year, investors voted to force Tesla board members to run for re-election annually, rather than every three years.

[Via]
Total
0
Shares

Sign Up for NextBigWhat Newsletter

Daily.