Elon Musk proclaims Tesla to maneuver headquarters to Austin – TechCrunch

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Tesla CEO Elon Musk mentioned the corporate could be shifting its headquarters from Palo Alto, California to Austin, Texas, a metropolis that has not too long ago seen a flood of tech firms and distant staff. Musk introduced the information on the 2021 Tesla, Inc. Annual Assembly of Stockholders, which came about on the Tesla Austin gigafactory, fairly than within the Bay Space because it did in earlier years.
Musk additionally mentioned Tesla could be persevering with to broaden actions in California, rising its output at its Fremont gigafactory by 50%, though he didn’t elaborate on how he would obtain such a ramp up in manufacturing.
Final Might, Tesla filed a lawsuit in opposition to Alameda County over the shuttering of the corporate’s manufacturing facility in Fremont, California to cease the unfold of COVID and prohibit any companies not deemed important and threatened to take his enterprise outdoors the state. The automaker dropped the lawsuit only a couple weeks later, however Musk was actually fired up, tweeting: “Frankly, that is the ultimate straw. Tesla will now transfer its HQ and future applications to Texas/Nevada instantly. If we even retain Fremont manufacturing exercise in any respect, it is going to be depending on how Tesla is handled sooner or later. Tesla is the final carmaker left in CA.”

Frankly, that is the ultimate straw. Tesla will now transfer its HQ and future applications to Texas/Nevada instantly. If we even retain Fremont manufacturing exercise in any respect, it is going to be dependen on how Tesla is handled sooner or later. Tesla is the final carmaker left in CA.
— Elon Musk (@elonmusk) Might 9, 2020

The drama with Alameda County wasn’t talked about on the Shareholder occasion. Reasonably, Musk attributed the transfer to Texas partially as a result of a extra accessible location for staff.
“It’s powerful for folks to afford homes and folks have to return in from distant,” mentioned Musk. “There’s a restrict to how massive you may scale it within the Bay Space, so we’re right here in Western period factories like 5 minutes from the airport, quarter-hour from Downtown.”
Musk mentioned Tesla plans to construct “an ecological paradise” on the Austin location close to the Colorado River.
Throughout the occasion, Musk additionally supplied updates on the Cybertruck, which he mentioned would begin manufacturing on the finish of 2022, with “quantity manufacturing” by 2023. The Tesla Semi and Roadster would comply with with the beginning of manufacturing by the tip of 2023.
Musk cited a number of provide chain shortages, together with the continued semiconductor scarcity, as a motive for the delay.
“The Semi particularly wants a whole lot of cells, wants a whole lot of cells [and] a whole lot of chips,” he mentioned.
Though Tesla unveiled the Semi prototype in 2017 and the Cybertruck in 2019, each automobiles have confronted repeated delays since, and all the time for provide chain points.

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