Elon Musk confirms that he has moved to Texas

SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards, in Berlin, December 1, 2020.

Britta Pedersen | Agence France-Presse | Getty Images

Elon Musk said Tuesday that while SpaceX and Tesla maintain major operations in California today, he has personally moved to Texas.

Musk said in the Wall Street Journal, “If a team wins for a very long time, they tend to feel a little complacent, and then they don’t win the championship anymore. California has won for a very long time.” Times before to express dissatisfaction with the California regulatory environment.

Musk, who clashed with regulators in Fremont, California this year, and in Brandenburg, Germany this week, said he viewed the government as “a monopoly that cannot go bankrupt.” As he said, “regulations are immortal,” and that the government should think more about removing them and not just creating new ones.

Like Musk, Trump promoted the idea of ​​curtailing regulation with an executive order in 2017 he signed in 2017 directing federal agencies to cancel two existing regulations for every new regulation they put in place.

What a government said is Tesla and SpaceX CEO Should Doing the deed is “out of the way”.

When asked directly if he had moved away from California, Mask gave a long introduction to his answer.

First and foremost, Tesla and SpaceX clearly have huge operations in California. In fact, it is worth noting that Tesla is the last car company still to make cars in California. SpaceX is the last airline to still do a major manufacturing in California. . ” . “So. There were more than a dozen auto factories in California. And California was a manufacturing center for aircraft! My company is the last of the two companies left … This is a very important point that needs to be made clear.”

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Then he asserted, “For me, yeah, I’ve moved to Texas.”

Musk also noted that while California is remarkable in some ways, he believes Silicon Valley and the San Francisco Bay Area have “a major global impact,” and that impact is likely to decrease as a result of the pandemic, which has prompted some investors and executives. Outside the country, companies are forced to know how to manage their workforce remotely.

However, Musk noted, “Social media is still very concentrated in Silicon Valley. We need to worry about mind viruses. You know, just the memes that travel very quickly through social media may or may not be true.” He described it with reference to freedom of expression, saying, “We want to encourage a healthy dialogue. If someone wants to close one side of the discussion or the other, we have to resist it.”

CNBC reported Last week, Musk told friends that he intended to move to Texas and was already spending time there.

Musk, the second richest person in the world after Amazon Jeff Bezos He spends most of his time in Texas between Austin, where Tesla and the startup Boring Company work in the tunnel, and a seaside village called Boca Chica, home to the SpaceX facility. SpaceX has started Operating in Texas In 2003.

The move makes Musk part of a wider technology migration from Silicon Valley, as many CEOs and venture capitalists relocate to Texas. A mask could also save billions of dollars in taxes. The CEO’s salary package, which was approved by Tesla’s board of directors and shareholders in 2018, means he has been awarded substantial equity awards based on increasing Tesla’s market value and achieving financial goals.

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