Tesla is moving its headquarters to Austin, Texas

I can see alot more companies moving out of California. I don't want to go into a california bashing comment as a 4th generation resident but there are some things that are going very wrong here.

- For the first time ever California has shrunk in population(2020 census), I expect in the next 10 years to see that accelerate further.

- Housing is at a level where a majority of residents can no longer buy a house, average home price is $850k. Newsom's plan to add 2 duplex's to a single family plot may help but its just not enough.

- Homelessness is atrocious, CA spends 15B a year on the problem and its gotten dramatically worse every year, This tracks with housing being expensive.

- Wildfires are out of control, I have lived in the state my entire life and have never seen such chaos in the past 3-4 years, the governor blames climate change but actual scientists beg to differ.*

*https://www.forbes.com/sites/michaelshellenberger/2019/11/04...

One word: Taxes

He's trying to avoid personal taxes from CA and Texas gives his company the biggest incentives to move.

We knew this was happening for a very long time.

Austin is very appealing, I would move there in a heartbeat.

I find it incredibly annoying that Democrat cities leverage business friendly policies in Republican states to flourish and then eventually turn the whole state against those policies.