Tesla It is now a Texas corporation, according to papers filed with the Securities and Exchange Commission on Wednesday.
The 8-K model automaker announced that its Company Headquarters It is now located in the Gigafactory in Austin.
Elon Musk announced plans to move the headquarters from California during a shareholder meeting in October, after a year of wrangling with the state government over COVID rules and a tweet from a California state assemblyman. Lorena Gonzalez who said “FK Elon Musk,”
Musk also said that the company has reached the limits of expansion at its original plant in Fremont, California, and that the Texas expansion facility offers more opportunities for growth.
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“It’s hard for people to afford homes, and a lot of people have to come from far away,” Musk added of Fremont. “We’ve taken it as far as possible but … there is a limit to how extensive you can be in the Bay Area.”
Toyota, from which Tesla originally bought its Fremont plant, moved its headquarters from California to Plano, Texas, in 2017.
Musk himself became a resident of Austin last December. In November, he commented on a proposal to increase police spending after the homicide spike that followed a $150 million cut in 2020.
Audrey Conklin and Jessica Chasmar of FOX Business contributed to this report