Elon Musk Says Tesla Will Move HQ From California To Texas

The electric carmaker is relocating its headquarters from Palo Alto, California to Austin.

Tesla will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Thursday.

Musk, who last year said he was moving to Texas from California, gave no timeline for the move when he addressed shareholders at Tesla's annual meeting. 

In the early days of the coronavirus pandemic, Musk clashed with San Francisco Bay Area health authorities trying to enforce shelter-in-place orders. At the time, he threatened to relocate Tesla's operations to Texas or Nevada.