Tesla go Bye?

LOS ANGELES – At Tesla’s annual shareholder meeting Thursday, Elon Musk announced that the company’s headquarters is moving to Austin, Texas, where it is building a new factory, the New York Times reported.

Musk made it clear last year that he was frustrated with pandemic-related closures and protocols that forced Tesla to pause production in Fremont, California.

Tesla’s Austin-area factory, which will manufacture the Cybertruck, is near the Lone Star City’s center, as well as its airport.

Musk’s other company, SpaceX, also launches rockets from Texas.

Story continues at: Tesla Go Bye Bye

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