Source: KEYSTONE / AP / Ringo H.W. Chiu
Tesla boss Elon Musk plans to move the electric car manufacturer’s headquarters to another U.S. state due to ongoing corona restrictions in California.
Tesla will move headquarters and upcoming businesses to Texas or Nevada immediately, Musk wrote on Saturday (local time) on Twitter. “Honestly, that’s the icing on the cake,” he wrote of the Alameda district near San Francisco, which would prevent the Tesla factory there from reopening before June.
He would sue the district’s decision immediately, Musk said. Continued production at the Fremont site would depend on how the company would be treated there in the future, he continued. “Tesla is the last remaining automaker” in California and is also an important exporter, he wrote.
Musk is known to cause a stir and confusion with bizarre and opinionated appearances on Twitter. Just last week, he made a series of idiosyncratic tweets that made Tesla’s market value drop by billions of dollars. In 2018, Musk even got into trouble with the tweets from the SEC. According to an agreement with the SEC, he actually has to have the company approve relevant tweets in advance.
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