{"id":610882,"date":"2023-02-23T02:52:44","date_gmt":"2023-02-23T08:52:44","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/02\/23\/elon-musk-selects-california-as-teslas-global-engineering-hq\/"},"modified":"2023-02-23T02:52:44","modified_gmt":"2023-02-23T08:52:44","slug":"elon-musk-selects-california-as-teslas-global-engineering-hq","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/02\/23\/elon-musk-selects-california-as-teslas-global-engineering-hq\/","title":{"rendered":"Elon Musk Selects California as Tesla&#8217;s Global Engineering HQ"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.entrepreneur.com\/topic\/tesla\" rel=\"follow noopener\" target=\"_self\">Tesla<\/a> Inc. is doubling down on its presence in California by establishing its global engineering headquarters in Palo Alto. The move comes after CEO <a href=\"https:\/\/www.entrepreneur.com\/topic\/elon-musk\" rel=\"follow noopener\" target=\"_self\">Elon Musk<\/a> moved the company&#8217;s headquarters from Silicon Valley to Texas in 2021, citing limited scalability in the Bay Area.<\/p>\n<p>Despite the move, over a third of Tesla&#8217;s global workforce is in <a href=\"https:\/\/www.entrepreneur.com\/business-news\/california-is-all-in-on-electric-vehicles\/434209\" rel=\"follow noopener\" target=\"_self\">California<\/a>, with many working in Fremont, the location of the company&#8217;s first car plant. Musk affirming Tesla would continue to invest in California was a big change from his previous comments. As the <a href=\"https:\/\/www.wsj.com\/articles\/elon-musk-picks-california-for-teslas-global-engineering-headquarters-76b54651\" rel=\"nofollow noopener\"><i>Wall Street Journal <\/i><\/a>pointed out, Musk, in the past, compared the Golden State to a winning sports team, coasting on its reputation for success. The state tends &#8220;to get a little complacent,&#8221; Musk said, &#8220;a little entitled, and then they don&#8217;t win the championship anymore.&#8221;<\/p>\n<p>Wednesday evening with Gov. Gavin Newsom in attendance, Musk was more optimistic, pledging at the Palo Alto event that Tesla will &#8220;build the future here.&#8221;<\/p>\n<p>Tesla hasn&#8217;t been immune to layoffs striking other California <a href=\"https:\/\/www.entrepreneur.com\/topic\/technology\" rel=\"follow noopener\" target=\"_self\">tech<\/a> giants. It laid off over 200 people in 2022 by closing its San Mateo office location, home to staffers working on Tesla&#8217;s advanced driver-assistance system, Autopilot.<\/p>\n<p>By the decade&#8217;s end, Tesla aims to sell 20 million vehicles annually. In addition, the company recently revealed potential expansions at its Austin, TX-area plant worth $775 million.<\/p>\n<p>In Palo Alto, Musk expressed optimism, saying Tesla would &#8220;build the future here.&#8221; Despite his earlier criticism, he recognized California&#8217;s importance to the company, stating that Tesla still employs around 48,000 Californians and that the state will remain an integral part of the company&#8217;s growth.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.entrepreneur.com\/business-news\/musk-selects-california-as-teslas-global-engineering-hq\/446289\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Steve Huff<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Inc. is doubling down on its presence in California by establishing its global engineering headquarters in Palo Alto. The move comes after CEO Elon Musk moved the company&#8217;s headquarters from Silicon Valley to Texas in 2021, citing limited scalability in the Bay Area.Despite the move, over a third of Tesla&#8217;s global workforce is in<\/p>\n","protected":false},"author":1,"featured_media":610883,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[921,23480],"tags":[],"class_list":{"0":"post-610882","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-california","8":"category-selects"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/610882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=610882"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/610882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/610883"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=610882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=610882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=610882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}