Elon Musk says Tesla will move HQ from California to Texas

Tesla will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk says.

The Associated Press

“We’re taking it as far as possible, but there’s a limit how big you can scale it in the Bay Area,” he said Thursday. “Just to be clear, though, we will be continuing to expand our activities in California. This is not a matter of leaving California.” While applauding Tesla’s announcement that it will expand production in Fremont, Bay Area business leaders bemoaned the headquarters move as the latest sign of the region’s ongoing issues.

At Thursday's meeting Musk also touted the company's record vehicle deliveries this year, while noting that global supply-chain disruptions that have led to a shortage of computer chips remain a challenge.

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