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Tesla's Big Move To Texas Doesn't Mean Much
Tesla's Big Move To Texas Doesn't Mean Much-July 2024
2024-02-19 EST 22:10:27

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Tesla, which is a company , . This is part of a , which a lot of people want to make into a thing. If only.

One thing cited by those that move and those that write about those that move is the difference in housing costs, with California’s median housing price , while in Texas . In Austin, where Tesla is going, that number .

“It’s tough for people to afford houses, and a lot of people have to come in from far away,” Tesla CEO Elon Musk , in explaining the company headquarters move to Texas.

That is probably true, and it also sounds like an acknowledgment that Tesla underpays its employees; any real capitalist would tell you that houses are more expensive in California because it is simply a more desirable place to live than Texas, because it is.

The truth, anyway, is that Tesla will remain in California for a very long time with its factory in Fremont, and, in fact, expand its presence there, as Elon said Thursday. Where Tesla’s headquarters are have always been not in California, Texas, or anywhere else, but simply where Elon is at any given moment, especially in this era of working from home.

Why make the announcement at all, then? For one thing, I’m sure Elon enjoyed sticking his thumb in the eye of California officials, who . For another, I’m sure Elon also likes the way the looks.

And the grass is always greener, I guess, though this is not a “blow to California,” . As Elon said plainly at the annual shareholders’ meeting last night, “We’re not leaving California.” This is a CEO merely announcing where he will be living for the foreseeable future, which .

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