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Tipsheet

Tesla CEO Explains Why His Company Is Leaving California

AP Photo/Marcio Jose Sanchez

Tesla CEO Elon Musk said he will take his company out of California amid an ongoing dispute about reopening plant operations in Alameda County. The billionaire said Tesla will immediately move its headquarters, located in Palo Alto, and future programs to Texas and Nevada. 

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The spat began when Dr. Erica Pan, Alameda County's interim public health officer, said Tesla could not reopen operations at its main factory in Fremont, California, as the company had planned to do on Friday. Musk revealed his frustrations with the doctor and the county's decision to everyone on Twitter. 

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In a series of tweets earlier this month, the entrepreneur opined that his company's stock price was "too high," demanded that people be given back their freedom, and claimed he was selling "almost all" of physical possessions, including his house.

Musk also described stay-at-home orders as "fascist" during Tesla's recent earnings report, viewing the orders as "forcibly imprisoning people in their homes against all their constitutional rights ..."

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