Elon Musk (TSLA) has moved the base of two more companies from California to Texas. He plans to relocate space company SpaceX and social media platform X from the Golden State to the Lone Star State. Earlier, he opened a giant factory and changed Tesla’s headquarters to Texas. He also changed Tesla’s incorporation from Delaware to Texas. However, Tesla still has a massive factory in Fremont, California, that was expanded even after Tesla moved to Texas.
Elon Musk posted on Platform X that SpaceX would move from Hawthorne to Starbase, Texas. He also said his platform X would move from San Francisco to Austin, Texas. He described the new law passed by California as “the final straw” and said it attacked “both companies and families.”
In another post, he mentioned issues in the San Francisco neighborhood surrounding X’s headquarters in the mid-Market Street area of California.
Elon Musk referred to a new California law passed by Governor Gavin Newsom and his administration as “the final straw.”
The law bans school districts from passing any policy allowing schools to notify parents when their child asks to change the gender with which the child identifies.
Elon Musk also said in another post that he had told Gavin Newsom that such laws would result in families and companies leaving California.
California’s Governor Gavin Newsom replied with a single sentence. His reply stated, “You bent the knee.”
Newsom also posted an image of a tweet by Donald Trump, the President of the United States, when Musk visited the White House. Trump described what Elon Musk would have done in the tweet if asked.
Senator Scott Weiner, LGBTQ rights advocates, and others also criticized Elon Musk.
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