Monday, April 21, 2025 | 08:31 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

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
Premium

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.

Texas also offers a

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in