Elon Musk: Tesla to move HQ from California to Texas

Tesla joins Oracle, HP and Toyota Motor in moving US headquarters to Texas from California, which has relatively high taxes and living costs. While Silicon Valley also is a hive of development of new ideas and companies, Texas is known for cheaper labor and less stringent regulation.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3ljQg4u