Tesla chief executive Elon Musk said Thursday the company will be moving its headquarters from Palo Alto, California, to Austin, Texas, a decision coming in context of the tech billionaire’s turbulent relationship with California.
“I’m excited to announce that we’re moving our headquarters to Austin, Texas,” Musk told the company’s annual meeting on Oct. 7, held in Tesla’s vehicle assembly plant that’s still under construction outside of Austin, Texas.
