Elon Musk moves to Texas, likens California to an overconfident sports team

Texas also offers a lower cost of living and no state income tax, both of which may appeal to Elon Musk

Elon Musk
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Elon Musk

BS Web TeamAgencies New Delhi
Tesla and SpaceX CEO Elon Musk announced on Tuesday he had left California after a heated squabble earlier this year with local authorities, who ordered one of his auto factories closed to stop the spread of Covid-19.

"Yes, I have moved to Texas," he told a conference organized by The Wall Street Journal.

Musk justified the move by saying he needed to be closer to two of his biggest projects: the development of rockets by his company SpaceX in the southern part of the state, and construction of a Tesla automobile plant near state capital Austin.

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First Published: Dec 09 2020 | 8:01 AM IST

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