Elon Musk gives California a second chance
To everyone’s surprise, Tesla’s CEO has decided to open Tesla’s engineering headquarters in Palo Alto, California, just over a year after the automaker moved its headquarters to Austin, Texas.
This is what warms the relationship between Elon Musk and California.
It’s a bit like Return of the Prodigy.
At the end of 2021, the billionaire moved Tesla’s headquarters from Fremont, California to Austin, Texas. The reason was clear. California officials had succumbed to a progressive ideology typified by Awakening, which techno magnates say was becoming a drag on business.
Musk didn’t particularly appreciate the lockdown measures in areas of the state where production at the Fremont plant was severely disrupted. On April 30, 2020, Musk launched his scathing criticism of Tesla’s COVID-19 measures in its first quarter.Financial results announcement.
“I have to say I’m a little worried about not being able to resume production in the Bay Area. It should be perceived as a serious risk,” Musk began.
Musk was unhappy
“We currently have only one car factory in Shanghai and one in the Bay Area. The Bay Area produces the majority of all S and X, most 3 and all Y cars.”
“So, the extension of the shelter-in-place, or, frankly, as I call it, forcibly imprisoning people in their homes against all constitutional alliances, and that is my opinion and the people’s It’s destroying freedom in a horribly wrong way.Why did people come to America, why did they build this country?”
On May 11, 2020, a defiant Musk tweeted, “Tesla is resuming production today against Alameda County rules. I will be in touch with everyone else. Someone has been arrested. If it’s just me, please.”
The Fremont factory is essential to Tesla. It produces all four of his models of Tesla passenger cars (Model 3 and Model Y sedans, Model Y and Model X SUVs). It is the only factory that produces all four models.With an annual production capacity of 650,000 units, Tesla Said Here are the results for the fourth quarter.
A divorce between Tesla and California was therefore inevitable. On December 1, 2021, automakers will Submissions to regulatory authorities Its headquarters are now located in Austin, Texas.
“Effective December 1, 2021, Tesla, Inc. will relocate its headquarters to Gigafactory Texas at 13101 Harold Green Road, Austin, Texas 78725,” the company wrote.of SEC The filing was signed by Chief Financial Officer Zachary J. Kirkhorn.
Musk’s Twitter account was filled with criticism of California.
Even though his other company, SpaceX, is still based in California, Musk continues to criticize the state and its laws with its employees. His criticism became harsher when he had to return to the states to spend time after Twitter was acquired for $44 billion at the end of October.
Twitter’s headquarters are in San Francisco.
Returning to the good graces of Musk, California
San Francisco City Hall was investigating reports that an entrepreneur had set up beds at Twitter headquarters for employees who asked for long hours. The billionaire who laid off his 5,200 of his 7,500 employees at Twitter decided to turn a particular room into a dystopian bedroom.
His anti-San Francisco, anti-California sentiment soared to the point of demanding that one of his lawsuits be transferred to Texas.
the judge refused. Against all odds, a jury ruled in Musk’s favour, acquitting him in a trial that could have had enormous financial consequences.Musk said he bought Tesla in the summer of 2018. Investors accused him of lying, claiming he had enough money to go private.
Since that ruling, Musk’s strong feelings, especially for California and the San Francisco area, appear to be waning. For example, he laments the increasing number of vacant offices in the city these days.
“It’s a tragedy. I hope sci-fi will come back from this emptiness. SF is such a beautiful city with so many great people,” the tech mogul lamented on February 17.
The resurgence of California in Musk’s mind is more than just words.The billionaire just announced that Tesla will establish a “global engineering headquarters” in Palo Alto, Calif. It’s a sign of cooperation between the EV-friendly state he once called home.
Tesla bets on California…again
At an event in Palo Alto on Feb. 22, Musk joined Democratic California Gov. Gavin Newsom in saying, “I am pleased to announce that Tesla’s global engineering headquarters will become the former headquarters of Hewlett-Packard.” said. Tesla Twitter account.
Dressed in a dark suit and white shirt, the billionaire was clearly delighted to make the announcement at his engineering headquarters in California. ”
“It takes visionary leaders. It takes guts, it takes courage, it takes risks,” Newsom replied. “So I thank you and appreciate our partnership. [in] course [of the] Look at this as the beginning of something even more amazing in a journey that will dominate the sector for the next 20 years and change the way energy is produced and consumed in this state, this country and the world. ”
“We look forward to an exciting partnership with California to do just that and move the world to sustainable energy as quickly as possible,” Musk concluded.
The two men did not provide further details about the announcement: how many jobs the move would create or whether California would offer incentives.
Shortly after the announcement, Tesla Post a job instantly A site for engineers whose place of employment is Palo Alto.
https://www.thestreet.com/technology/elon-musk-gives-california-a-second-chance Elon Musk gives California a second chance
