Elon Musk: Tesla HQ will relocate to Austin from California

Tesla Inc., the world’s most valuable carmaker, will relocate its headquarters to Austin — a huge move for the local economy, and a clear sign that the future of Elon Musk’s diverse business empire increasingly runs through Texas.

The CEO said during the company’s annual shareholder meeting Oct. 7 that Tesla (Nasdaq: TSLA) would base itself in Central Texas, where it has a $1.1 billion gigafactory rising in eastern Travis County.

“I’m excited to announce that we’re moving our headquarters…


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