Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery

10 photos& 1 videos
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    Tesla CEO Elon Musk has revealed on Thursday that the company will be moving its HQ to Austin, Texas
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    He made the announcement while addressing a gathering at the Austin facility where construction is still currently ongoing
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    This comes in the light of how the whole covid situation was dealt with last year in California, with authorities imposing restrictions at the Freemont facility. Post this, Musk himself moved to Austin last year
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    With favorable tax incentives and relatively lower cost of living as opposed to the golden state, Texas has steadily been attracting a number of Silicon Valley tech companies including the likes of HP, Oracle apart from Tesla
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    After this announcement, Musk later turned his attention to Business which according to the Billionaire CEO, is doing rather well
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    Sales of Tesla vehicles have been strong, despite the semiconductor shortage, thanks in part to cars like the Model Y
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    He even went over other aspects of the company on how Tesla is trying to cut back on capital expenditure in a bid to increase revenues and profits, moving forward. He also touched upon Tesla's own ecosystem and Artificial Intelligence
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
    Apart from the Austin factory, Europe's very first Tesla plant, Giga Berlin in Germany. While Tesla HQ will move to Austin, the company will continue to have a strong presence in California. Swipe Up to Read More
  • Its official; Tesla HQ to move to Texas, Musk confirms. Find out why - gallery
Car Finder: