Tesla Moves Headquarters From California To Texas (cnbc.com) 176
phalse phace writes: During Tesla's shareholder meeting today, CEO Elon Musk announced that the company's headquarters will be moving from California to Texas, making good on his threat to do so after Alameda County officials blocked the full reopening of Tesla's Fremont plant. Regardless of the move, Musk reiterated that Tesla would be increasing production at its California plant: "To be clear we will be continuing to expand our activities in California. Our intention is to increase output from Fremont and Giga Nevada by 50%. If you go to our Fremont factory it's jammed." He further added, "It's tough for people to afford houses, and people have to come in from far away.... There's a limit to how big you can scale in the Bay Area." The news comes almost a year after Musk revealed that he personally moved to Texas.
About Damn Time (Score:5, Insightful)
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The funny thing is, it is still illegal for Tesla to sell cars in Texas.
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Let's see how long that lasts. I'm willing to bet Elon will be a citizen of considerable influence in Texas.
Re:About Damn Time (Score:4, Informative)
Let's see how long that lasts. I'm willing to bet Elon will be a citizen of considerable influence in Texas.
The Texas legislature only meets every other year and they failed to change the law this year. So it will be at least until 2023 before Teslas can be sold in Texas.
Re: About Damn Time (Score:2)
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Its the whole no-dealership thing isnt it? My state does the same thing with alcohol.
And that is approximately just as stupid, though at least you can argue that enforcing age limits for alcohol is harder when you aren't seeing the purchaser in person. But cars? Yeah, no, this makes no sense.
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one fewer
Re:About Damn Time (Score:5, Insightful)
Err....where do you get this mis-information?
In TX, like in any US state, for gun purchases from a federally licensed dealer you have to fill out the paperwork for a NICs check (background check).
Now, as far as private sales of guns, these vary between the many states, some make you have to do the transfer with a fee through a FFL, others (a lot of them) consider it a private transaction and it is no different than selling a lawn mower, no special paperwork, etc.
Again, this varies widely between the states, but I believe most states do not require a FFL intermediate between private citizen firearm sales/transfers.
Felons in most states, including TX are not allowed to own or possess firearms legally.
So, no...gun ownership is not willy nilly.
But, as long as you aren't a felon, there should be no problem with any US citizen owning firearms if they wish.
It is that way in most states...it should be in all of them.
I'm guessing you are a foreigner and don't really understand the US and how it was set up...per your "locals don't want no Federal influence over their health" comment.
It is a federalized system over here, the federal govt was set up to be fairly weak with regard to domestic rule....they operate under a limited, enumerated set of responsibilities and powers per the US constitution.
Most of the power (is supposed to) reside with the states. That has been bastardized and eroded a bit over the years, but that's how it is supposed to stack up.
The federal govt is not supposed to really tell states what to do, nor how citizens are supposed to act/behave except in very limited cases.
Hope that helps.
Almost empty threat (Score:2)
Re:Almost empty threat (Score:5, Informative)
Texas taxes at 12.04%. This is not an empty threat. Sone state loses a shitload.
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The mid-level managers will get a little sticker shock when it comes to their state taxes in Texas vs. California.
While Texas doesn't have an income tax (and won't for a long time thanks to a recent ballot initiative), everything is funded through property taxes. Industrial property taxes are negotiated and are generally very low (they are also kept private, so no one really knows what they are unless they are leaked). Home property taxes, on the other hand, are high simply because houses are expensive.
As a
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Here in San Luis Obispo, the state (CA) rate is 1.25%. The county rate is about 1%. So my property tax rate is about 2.25%.
Texas looks about the same from here?
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Yeah, that hurts. Expect something to be done about that pretty soon as folks notice the place they live becomes unbearably taxed.
It's going to be funny watching Texas turn into California.
Re:Almost empty threat (Score:5, Interesting)
Well, the HQ is (Currently) in Santa Clara county, not Alameda county. So Musk's petulance here is comically misdirected.
But where the HQ is actually does matter. The headquarters is where all the R&D, prototyping, and testing is done. So when they pack that up and move it to Texas they're going to lose a lot of the more important personnel. I would actually have thought he'd close down NUMMI and move that to Texas versus Deer Creek. Minions who stand on an assembly line inserting tab A into slot B all day are fairly easy to come by. The engineers, CNC prototyping machinists, chemists, physicists, destructive testing engineers, and the like are not so fungible. I'm sure he'll get *some* takers. But quite a lot of those people (Certainly including the ones I know personally.) will have exactly zero desire to relocate to Gilead. And good jobs are *REALLY* easy to come by in Palo Alto and the surrounding environs.
Re:Almost empty threat (Score:5, Insightful)
Headquarters is just the address you stick on the annual report, you really don't need many people living there. Our company had headquarters bounce around a bit, and it's currently where the CEO lives even though there's not much actually being done there. In many companies the R&D is not where the headquarters are.
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This! My own company's "headquarters" is in a skyscraper in the London inner city. 3 floors I think. That qualifies it to be the smallest and least occupied location we own. Heck about 150 employees located there it's about 1/20th the size of the other facility we have in London which is not our headquarters, or 1/50th the size of the giant business park we have in Chicago where all our R&D and trading is done.
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And good jobs are *REALLY* easy to come by in Palo Alto and the surrounding environs.
Yeah, but affordable housing isn't easy to come by in Palo Alto. I say this as a Bay Area resident who would like to not pay about $1 million to live in some lower/middle class house with a homeless encampment a couple blocks away. And being able to go to a store without having to circle for 15-20 minutes looking for parking would be a nice touch.
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Bloated government doesn't breed success. Bloated government grows up around success, then fancies it is the cause.
Re: Almost empty threat (Score:2)
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I reckon Musk is finally running away from Lucid now they've got the efficiency crown, can't be in the same State.
Re: Almost empty threat (Score:2)
That's fine (Score:2, Flamebait)
He's moving so he can abuse his workers. e.g. do stuff like force them to work during deadly pandemics with inadequate safety precautions. Doing so has made him hundreds of millions of dollars by hitting certain sales targets.
But Texas is rapidly turning blue as people used to California labor law are transplanted there and discover what it's
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people used to California labor law are transplanted there and discover what it's like to live in a "right to work" state
Ummm, California is also a "right to work" state
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Re: That's fine (Score:2)
People have been talking about these demographic shifts that are going to change red states to blue. It ainâ(TM)t happening. Care to name any states where this has happened? Tx is about to lock-in an even more gerrymandered map for the next ten years.
Plus, the Trump party simply wonâ(TM)t let it happen. The legislature itself will now decide all elections.
The Texan way (Score:2)
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Texas rebelled because Mexico outlawed slavery and Texas wanted to keep it. And the Alamo is one big fat lie.
Re: The Texan way (Score:2)
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Texas gerrymandering is working well.
Take Austin as an example. It's the most liberal part of Texas so you would think it would have a liberal representative. However, Gerrymandering divided Austin into seven pie slices and extended each of these out to the more ignorant parts of the state so each pie slice has a majority Republican voters. Bingo! No liberals for you!
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I wouldn't worry about Texas turning blue. A little gerrymander goes an awfully long way.
You can gerrymander congressional seats.
You can't gerrymander senate seats or the presidency.
Location Location Location (Score:4, Insightful)
It's 2021, location is fake anyways. Everyone is on chat. Location of a building designated "headquarters" is moot. Tesla is a Delaware corporation, isn't it? Has anyone from Tesla even been to Delaware? Tesla is continuing to grow in California. Where do most of their top engineers reside? Where will most of the design work occur?
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Yeah, well E.Musk will be jeered out of town if he shows his face in SFO now. So there's that about location.
moving closer to the launch pads in TX and FL? (Score:2)
TX being their ultimate plan...
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Not sure about "ultimate." The FAA has been irritating Musk. Boca Chica is awfully close to Mexico. There's even at least one science fiction story about a plucky little renegade rocket company launching out of Boca Chica that hopped over the border to get away from hostile regulations.
Good riddance Elon (Score:2, Flamebait)
Good fucking riddance Elon, and Texas is just right for a man like you, you will go completely unnoticed there.
Follow the money (Score:4, Interesting)
As mentioned elsewhere, this is almost certainly for tax reasons. Elon Musk has billions of dollars in stock options maturing in the next couple years, and CA has a significant income tax. Texas has no income tax, for individuals or for corporations. If Tesla plans on getting into finance - which pretty much every auto dealer does these days, as it's where the money is - then it behooves them to move as much of their income as possible to Texas.
So, no, I don't think Tesla is going to pack up shop and leave CA: There's too much investment already here, there are too many hiring options here, and there are a bunch of excellent ports (for, say, shipping automobiles to other parts of the world) for it to make sense to abandon operations and leave. Moving some financial constructs, on the other hand, does make a fair amount of sense.
Especially since said financial operations don't suffer millions in losses if the power grid freezes, overheats, or otherwise fails - unlike manufacturing and engineering.
Based on Tesla Motors' track record so far... (Score:2)
...it sounds about right. They've been in COSH's "Dirty Dozen" worst companies to work for for several years now.
Tesla Motors – Fremont, California: Recordable injuries are 31% higher than industry average; serious injuries are 83% higher. Company claims recent improvement in injury rates, but CAL/OSHA now investigating reports that the company failed to report serious injuries. https://www.coshnetwork.org/es... [coshnetwork.org]
Clearly they don't want pesky Californian health & safety inspectors stopping them from injuring, killing & making Americans sick to ensure better returns to their shareholders. Apparently, Texas is the land of the oppressed, exploited & abused. That would make, "DONT TREAD ON ME" an example of doublethink, right?
Austin is pretty nice, Tesla will do fine (Score:3)
As expected this comment section is full of "Texas is a shithole, Texan's are stupid, Republicans are evil" comments.
Every state has good and bad areas. Austin is a pretty nice place and a huge tech center.
I was there for the "Republic of Texas Motorcycle rally", it was a good time. https://www.republicoftexasmot... [republicof...erally.com]
Elon and Tesla will be fine.
AGW can’t be solved by regulatory capture (Score:2)
Tesla is global, soon to be a sovereign if no other technologist innovates to compete on AGW terms
Elon is signaling domicile is colonialism, borders restraints and governance in the absence of a universal moral fabric friction points against global warming action, investment and productivity in the quest to counter AGW.
Elon’s thru line in Tesla and SpaceX is a single mission - AGW. One backs up the other
This is like Boeing moving to Chicago (Score:2)
What always happens is the senior execs move to some place, buy homes there, everyone else just goes on with their lives.
If you don't actually work in the HQ building, it's meaningless.
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Texas has this hilarious plan...
1. Lure middle class liberals to Texas ...
2.
3. Profit!
California isn't actually shrinking, though. And if they succeeded... well, they just don't imagine how different things would be if they succeeded!
I hope they do, given the demographics it would only take a limited migration to turn Texas blue, and California would still be blue, too.
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California is shrinking relative to other states:
https://news.yahoo.com/califor... [yahoo.com]
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I'm not going to click a link, this is slashdot: say what you have to say, or kick rocks.
"Relative to other States"
So you mean, they're growing, not shrinking? Right?
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I heard Idaho is experiencing massive growth this year. Including what is, for them, a lot of people from Oregon. But even though we're not a large state ourselves, (by population) we haven't noticed any reduction of people.
In fact, they're more than replaced by the people moving from California. But we always had people from California. And of course, lots of locals move to California, too.
The funniest part is when the right wingers start claiming that almost all of Silicon Valley is in Texas now. I don't
Gerrymandering (Score:2)
Re: Funny and true. (Score:2)
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West coast? Isnt texas on the west coast?
No, Ivan. That's not the way geographic names work.
Texas is on the gulf coast.
And no, I don't believe you did consult a map.
california growth is lower than the rest of US (Score:2)
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He's also just one person. Presumably Tesla will have many employees at it's headquarters, many of whom will lean liberal. I'd be surprised if Tesla moving to Texas will be a net gain of conservative voters.
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Well he better start now if he's going to learn how to do all those jobs he has other people doing.
Re: Funny and true. (Score:5, Funny)
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That's how far you clods think. How would being an island turn it into a penal colony? You didn't even make it to step one, "Hurr durr, how do make it illegal to be a libraal so we can huv Freeedum?
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I've never even heard of a snake plissken, but if it makes you think those things about your sister and father, you should really consider finding some better inputs.
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Didn't CA lose another representative in congress here recently?
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You can learn about math and counting and that stuff for free at https://www.khanacademy.org/ [khanacademy.org]
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Perhaps is it YOU that needs to take a refresher course on counting...
California Loses House Seat [yahoo.com]...
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You can't comprehend what I said. That's all.
You can't count.
You can say, "Hurr durr I know you are" but you can't comprehend what my point was. Why did I say that about your counting? You don't know!
Why do you think the state population shrank? Wait, wait, you think people left, because other states grew more?! You don't understand the simple math involved with dividing up congressional representation. You can't figure out what information you would need to interpret the results, so you don't bother lookin
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So, you're saying that this democrat led state, somehow redid it's congressional representations and in doing so, lost a seat to the house to another state?
They somehow did this voluntarily?
Some how a states' number of representatives which is based on population relative to the other states, somehow
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Derp derp derp, you're not even thinking about what the words mean . That's how far from being able to math you are; you can't read the word problem without derping all over yourself about the Demonrats.
Choice 1: Read the words above that you were replying to, and think about numbers until the (very obvious) answer appears.
Choice 2: Look it the fuck up and read the manual. I linked you the population chart, you could actually figure it out just from the pictures. But you're not even literate enough for tha
Re: Funny and true. (Score:2)
Sadly, they will urn Texas into the same shit hole that California is.
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Hurr durr
...
Profit!
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Re:Funny and true. (Score:5, Interesting)
It's simple economics.
What is the cost of renting a 15' uhaul truck from Dallas to Los Angeles($872) and the reverse($3600).
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I wonder why?
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That's hilarious!
"Buggstein then jumped in the last U-Haul with his family and took off for Texas."
Don't let the tailgate bang you in the butt!
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The Bee (Score:2)
They are funny about half the time. The Onion is funny the other half of the time.
C'Mon, man!
"Podiums to be fitted with life alert buttons during next presidental debate:"
https://babylonbee.com/news/po... [babylonbee.com]
Their series on Snopes fact checking them is priceless.
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So, plan B. Get the fuck out of Dodge.
Re:Funny and true. (Score:4, Insightful)
Like so many elections in America, it was more a vote against the alternative.
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Yep.
That's how we got stuck with Biden.
+1 inciteful (Score:2, Funny)
+1 inciteful.
(pun intended)
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...and the Cheshire Cat slowly fades away...
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Not really. Induction. I expect just about every election through 2024 to be a referendum on Covid.
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CA being most populous around 3 cities but being 163,696 square miles means it's not running out of land but supply and demand do come into play so of course it's hella expensive within 100 miles of one of those 3 cities.
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If only your misanthropic smugness could be bottled to power cars this crisis would be over.
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"Misanthropic"? Maybe you'd better go look that big word up before you use it, pal. It's modern day Trumpian conservatism that is spectrum sociopathy, nothing else.
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Have you been to both California and Texas? I've lived in both and brother, let me tell you, the GP is spot on. There are great things about Texas, there are lovely people in Texas, but Texas is overall a shithole that no one would ever have given more than zero point seven five standard American fucks for if not for oil money.
Much of California is the same, frankly, but parts of California are near heaven. Too bad about these fires and this drought, alas. California might wind up like Texas.
I must say that your username fits perfectly... (Score:2)
Although slashdot has seen better days, obviously, if they let you in.
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Re: This is a good move all around... (Score:2)
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Well that's a bit... alarming.
"Oh, a woman's about about to get an abortion in case the pregnancy kills her. Siighh... well I guess I can let that slide."
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Honestly, I don't see a reason for anyone to "hold their nose" in either situation. Why should Joe Blow allow himself to get maimed or killed when someone is trying to cause him physical harm without reason? Why should a woman allow herself to be hurt or killed when saddled with a pregnancy that threatens her wellbeing? Neither of them should feel any guilt as far as I'm concerned.
There might be regrets by some people with the mentally ill man beforehand. Could anyone have helped him before he put himself i
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You generally can't solve a problem with a wrong diagnosis, which I guess is why California quality of life will continue to decline. Oh well, glad I'm not there.
You know Google exists right? (Score:2)
Re: You know Google exists right? (Score:2)
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Re:changes in latitude/attitude (Score:5, Interesting)
The SC workforce is cheap but not very good. I spent a few years training workers after retiring from the Air Force. I've lived here since 1985.
Your idea of the local labor force is thoroughly ignorant and your bias is showing. I love living here because it's cheap but skilled workers and even trainable workers are in short supply. It's so bad we had to train high school graduates how to use a tape measure! Any ex-shipyard mechs will be retired or still in that industry where seniority and their existing skillset matter, not on the line at Boeing.
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Let me save other people as gullible as me some time. There is absolutely nothing in that article approaching domestic abuse. Highlights below:
- Musk asks Arianna Huffington to remove an old essay he wrote and that is presented as media censorship.
- Then presents a comp
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I actually suspect this is part of the reason he is going there. He'll slap down a bunch of panels and batteries and have his own reliable power and f' the rest of the state because he can.
He's not an idiot. This is an opportunity for him to show what can be done with solar if you commit to it and do it well at scale. And, as we know, Texas isn't into regulating power. It's a green field for him to play in.