Home » today » World » US companies are moving south US companies are moving south October 10, 2021 by world today news Goodbye, California Tesla boss Elon Musk moves the company headquarters to Austin, Texas. – (Photo: AP) – – – – New York In the middle of Texas, Elon Musk announced his departure from Silicon Valley on Friday. In Austin, where Tesla is already building a large plant, the electrical pioneer announced to investors that the headquarters would be relocated to the Texan city. Musk had previously threatened to move out of California. But now he’s getting serious. Tesla is not alone in its decision. Many US companies have been moving away from the east and west coasts to the south of the country for some time. Oracle, Hewlett Packard Enterprise or even the hedge funds Elliott and Charles Schwab – they are all drawn to the southern states. Just this week, star investor Cathie Wood from Ark Invest announced her move from Manhattan to Florida. Read on now Get access to this and every other article in the Web and in our app for 4 weeks free of charge. – Further – – Read on now Get access to this and every other article in the Web and in our app for 4 weeks free of charge. – Further – – — . Related posts:Officials announced that all staff tested negative, Australian Open will proceed as plannedLipavský in the Security Council: We must stop Russia, the Czech Republic also bears the consequence...more than 20,000 people have already appliedthe junta proposes a three-year transitionShare this:FacebookX Related Israeli judge strengthens ban on praying for Jews at Al-Aqsa Mosque The podcast more and more anchored in the habits of the French Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: