Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Michael Hiltzik: Elon Musk's moving Tesla's HQ to Texas is mostly about posturing

    by Michael Hiltzik, Los Angeles Times Oct 11, 2021 6 minutes

    Elon Musk's corps of sycophants, along with promoters of the age-old Texas vs. California competition, cheered and chortled last week when Musk announced he was moving the headquarters of his Tesla electric vehicle company from Silicon Valley to Austin.

    Chief among them was Texas Gov. Greg Abbott, who bragged about Texas being "the land of opportunity and innovation." A certain big East Coast newspaper headlined that Musk's announcement was a "blow to California."

    Let's take a deep breath on this one.

    Musk's announcement of Tesla's headquarters move to Austin from Palo Alto isn't all that it seemed on first blush.

    From the outside, the announcement tended to be viewed in the context of Musk's repeated grousing about California business regulation — especially attempts by local officials in Alameda County to force Tesla's Fremont auto plant to comply with anti-pandemic measures last year.

    That wasn't the case from the inside. The lone rationale Musk gave during Tesla's annual meeting Thursday

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times2 min read
    FBI Reportedly Contacts Riley Keough's Team About Graceland Case As Claim Is Dropped
    The Federal Bureau of Investigation may launch a criminal probe into possible fraud allegedly surrounding a now-blocked foreclosure sale of Elvis Presley's famed Graceland mansion, according to TMZ and Radar. The outlets reported Wednesday that the
    Los Angeles Times4 min read
    If Taylor Swift Broke Ticketmaster, Why Does DOJ’s Live Nation Lawsuit Invoke A Little Deja Vu?
    LOS ANGELES — “Taylor Swift Broke Ticketmaster!” That was the gist of headlines two years ago, when Swift’s Eras Tour resulted in a ticket-sales fiasco of epic proportions. Hordes of Swifties freaked out over a) their inability to score face-plus-fee
    Los Angeles Times5 min read
    Being Bad Is Good For Walton Goggins, Whose Turn In 'Fallout' Has Kept His Star Rising
    LOS ANGELES — A wave of dread swept over Walton Goggins on the first day of work on Prime Video's post-apocalyptic drama "Fallout." He was on location by a lake, and was so thrown by the heavy makeup and bulky wardrobe of his outlaw character that he

    Related Books & Audiobooks