AUSTIN, TX (KUSI) – The founder of SpaceX and CEO of Tesla, Elon Musk, followed through on his warning to move out of California.
Musk has moved from Silicon Valley to Austin, Texas. Musk revealed his move during The Wall Street Journal’s CEO Council annual summit on Tuesday.
“First of all, Tesla and SpaceX obviously have massive operations in California. In fact, it’s worth noting that Tesla is the last car company still manufacturing cars in California. SpaceX is the last aerospace company still doing significant manufacturing in California,” Musk explained. Continuing, “So, there used to be over a dozen car plants in California. And California used to be the center of aerospace manufacturing. My companies are the last two left, that’s a very important point to make.”