Billionaire Elon Musk will locate Tesla’s engineering headquarters in Silicon Valley, he announced in a joint press conferenceWednesday with California Gov. Gavin Newsom (D), two years after Musk moved the automaker’s headquarters to Texas—and just months after Musk bought San Francisco-based Twitter. https://www.forbes.com/sites/brianb...s-will-open-in-california-musk-announces/amp/ Lol despite all his whining about California, he comes crawling back. My money says he also moves the Corp headquarters back eventually. Mfg is here, space x is here, Twitter is here, and he’s not going to find the talented educated work force he needs anyplace else.
He 'whined' about taxes and now has massive tax incentives. He 'whined' about regulation and now has regulatory exemptions. He 'whined' about COVID restrictions and those are gone now.
Newsome's payoff was big enough for Tesla's board to approve the move from one far-left liberal cesspool to another. Has practically nothing to do with Texas or any other red state.
Makes sense. If you are going to have engineers at Tesla be the engineers at Twitter, it makes sense. It is probably "cheaper" to move from Texas to California than from California to Texas, at least in Musk's Mind.
You will see mostly factories and low skill menial work moving to these places. Companies shift there because of the low pay rates, few employee protections and environmental laws. The people that they hire make decent money for the area so it’s not all bad but anyone acting like it has to do with anything other than paying people as less as possible is a liar. We see the same thing on a global scale — blue states are the first world nations with minimum standards of living, employee protections, general expectations by people to be treated like they are human from their employers while the red states are they hypothetical China and India. When companies need top talent they move to large blue cities in red states or blue states because there isn’t a sufficient amount in the red areas.
Man I have so many issues with this I just have to speedball a few. Companies draw talent, not the other way around. In order for that to be so you'd have to be able to, in the least, be able to observe metrics like higher standards of education within specific areas - and you're implying blue areas here which, hahah, we know that just isn't ever true. Containing on about education; progs dominated areas don't educate, they indoctrinate. What business wants its workforce to be mostly comprised of perma-triggered wokies who hate capitalism and think corporations are evil? And on the subject of talent, progs don't believe in that because talent is merit and, according to progs, merit is 'racist'. Progs wouldn't tolerate a company being staffed according to experience and aptitude. They'd want gender and ethnic quotas. So forget "top talent" premise, its fantasy. These big companies end up where they do based on the two things: huge tax incentives and posh living for the corporate elite. Its really only a large city that can provide both of those things.
