Elon Musk announces Tesla is moving its headquarters to Austin

FAN Editor

Tesla CEO Elon Musk announced Thursday that the company’s headquarters will be moving from Fremont, California, to Austin, Texas.

“I’m excited to announce that we’re moving our headquarters to Austin, Texas,” Musk said during the electric vehicle maker’s 2021 annual stockholders meeting from Tesla’s Gigafactory in Austin, drawing wild applause from the crowd present. 

elon-musk-walks-by-tesla-picture-in-china

FILE PHOTO: Tesla Inc CEO Elon Musk walks next to a screen showing an image of Tesla Model 3 car during an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo/File Photo (REUTERS/Aly Song/File Photo/File Photo / Reuters Photos)

“To be clear here, we will be continuing to expand our activities in California,” he explained. “This is not a matter of Tesla leaving California. Our intention is to actually increase output from Fremont and from Giga[factory] Nevada by 50%.”

This is a developing story and will be updated.

Free America Network Articles

Leave a Reply

Next Post

Group helps Latino families connect with the outdoors

San Antonio, Texas — The Latino population is the fastest-growing demographic in the U.S. but one of the most under-represented when it comes to outdoor recreation. The organization Latino Outdoors is helping introduce more Latino families to Mother Nature by setting up camping or hiking trips for families unfamiliar with […]