Elon Musk reportedly plans to move to Texas
Frankly, this is the last straw. Tesla will now move its HQ and future programs to Texas/Nevada right away. If we even retain Fremont manufacturing activity at all, it will be dependen on how Tesla is treated in the future. Musk stands to earn more than $50 billion in stock alternatives, and would have to pay income taxes on the revenues when he exercises them if he remained in California.
Tesla will now move its HQ and future programs to Texas/Nevada immediately. If we even retain Fremont manufacturing activity at all, it will be dependen on how Tesla is dealt with in the future. Musk stands to make more than $50 billion in stock alternatives, and would have to pay income taxes on the revenues when he exercises them if he stayed in California.