It looks like Elon Musk may move Tesla's headquarters to Austin

It looks like Elon Musk may move Tesla's headquarters to Austin

Elon Musk with Texas Governor Greg Abbot.
Gov. Abbott via Facebook

Tesla could be moving its headquarters from Palo Alto, California to Austin, Texas.

The company's shareholder meeting is taking place there on Thursday.

Tesla CEO Elon Musk moved to Texas last year and relocated his foundation there.

See more stories on Insider's business page.

Tesla could be leaving its longtime Silicon Valley home for Austin, Texas, a city that has attracted a flood of tech companies and remote workers over the last year and a half. The automaker's annual shareholder meeting on Thursday is taking place not in the Bay Area as usual, but in the Texas capitol. It's the latest sign that after moving much of his life and business to the Lone Star State, Tesla CEO Elon Musk may be moving Tesla's headquarters there as well. Tesla did not return Insider's request for comment. Following a very public spat with local public health officials over coronavirus restrictions that forced Tesla's Fremont factory to close temporarily, Musk said in May 2020 that he would move Tesla's "HQ and future programs to Texas/Nevada immediately." Tesla is currently headquartered in Palo Alto, California.
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