Elon Musk says Tesla will move its headquarters to Texas – The National

Elon Musk says Tesla will move its headquarters to Texas – The National

Tesla will move its corporate headquarters to Austin, Texas, where a brand new factory for the Model Y and coming Cybertruck is nearing completion.

Chief executive Elon Musk announced the move on Thursday during the electric-vehicle maker’s shareholder meeting from the Austin plant.

Tesla has been based in Palo Alto, California, the leafy Silicon Valley suburb that is home to Stanford University and several venture capital firms, since its founding in 2003.