was founded in California, and the state has been home to the electric car company for over 18 years. During this time, Tesla became the world’s most valuable automaker and Californian’s have embraced the brand, accounting for almost half of all Model 3 sales.
Despite this, founder and CEO Elon Musk has little time for sentiment. At a recent shareholder meeting he announced the corporation will be moving its HQ to Austin, Texas.
Tesla’s decision to leave California follows a tense year and a half between Musk and local officials, with disagreements over pandemic regulations often spilling into public view.
The enigmatic billionaire reacted furiously to Fremont County’s decision to shutter his factory in May 2020, calling the closure "fascist" on a call with Tesla directors.
Musk even went so far as to defy local health officials, and restart production before he was permitted to do so. At the time, he threatened to sue the state of California, and move future Tesla programs to Texas.
As explained by Bloomberg, Musk has already moved his private foundation to Austin, and several members of Tesla’s leadership team have purchased homes in the area.
"Alex Healey is an insurance writer specializing in car insurance and personal finance. Alex’s mission is to create informative, just-in-time content for car owners and buyers. Alex has written articles for Jerry on topics ranging from hybrid vehicle rankings to used car costs. Before joining Jerry, Alex worked as a digital content specialist and editor for brands including InsuranceHotline.com, Rates.ca, and Booking.com. When not writing for Jerry, Alex continues to build his freelance digital content portfolio in the insurance and automotive industries. "