Texas makes a lot more sense for their HQ from a financial perspective and a personal values one, for their C-levels at least.
What I do wonder is how this is going to affect the internal composition of the company; I'm fairly sure a sizable % of their employees, especially women and POC, would rather gtfo than move over there.
So they’re moving to a state in which they’re not allowed to sell their own cars due to dealership laws? What kind of signal is this sending?
This is the single dumbest thing Musk could do. A big F to the state that has promoted him to where he is, that contains the vast majority of his fan and customer base. All to save some taxes.
I used to promote Tesla to friends. That’s certainly over.
If you think subtle signaling based on being able to have a dealership is more important than the huge tax implications, production line materials, and labor costs, you are mistaken on how mega corps are run. Follow the money. Tesla hasn't cared about dealerships ever.
Theoretically, by being in Texas they could make a strong case to lobby the legislature to change that. I believe this sort of thing was fought by Michael Dell as well, since these laws don't just affect cars.
It's also good to remember that that law was put in place because people would buy cars and there was nowhere to service them. Much of Texas is still rural to some degree.
Low income taxes are good for employees and very lax labor laws are good for the company, but both aren't good for the employee and the company isn't affected by the former.
The votes of Texans led to Texas labor laws and the votes of Californians led to California labor laws. The movement of people and companies around the country are another kind of vote. Live where you want and hopefully you can prosper there.
Lax labor laws are incredibly good for the employee as it contributes to more opportunities and thus upward pressure on wages. In states with lax labor laws, it’s not who you know but what you know.
Also, pragmatically, if this means that more tech workers end up relocating to Texas, this will hasten the shift in Texan politics. Most tech workers are left-leaning if only because educated people are left-leaning.
And let's be honest, if you are working for a salary, the Republican party does not represent your interests.
Given how covid is currently affecting Texas, the next election cycles are going to be interesting.
If Tesla is moving it’s headquarters to get away from the unfavorable political landscape of California, why would it want to hasten a shift in Texas politics to something that resembles California?
The appeal to education is pretty lazy and incorrect given people with PhD educations are the most likely group to be hesitant of the vaccine. [1] A huge majority of them are Democrats. [2]
I wouldn't associate PhDs with intelligence given this information.
I have always voted for Democrats but I plan to vote for anyone but them in the next election because of the toxic politics like this. May be a new party that values freedom and civil liberties.
Politics is so toxic. Politicians do not represent your interests, they represent the interests of themselves. I live in Chicago, a Democratic city in a democratic state and the people here value freedom to choose their own lives, to not have lockdowns, to cheer for the oppression of fellow citizens is not in the interest of anyone I am in favor of.
What morals do you stand for when oppressing people’s individuality under the guise of any political reason? You wouldn’t cheer for others forcing your actions, would you?
If the goal is housing workers I think anywhere with sane property tax law instead of Californian feudalism would work well.
NJ, New York, Pittsburgh: all improvements. Texas also has good tax law which is fair to newcomers but all the other stuff seems like it'd be a real drag on hiring.
There's a certain hilarity in the timing of this, considering Elon (Texas) and Grimes' (LA) recent break-up due to a long-distance thing not working out for them.
Just as one's votes don't represent a sponsorship of every policy of the party they voted for, I think it's a stretch to say scaling business in the state represents a sponsorship of their social polices.
If anything, Tesla will be brining a bunch of blue voters from CA which could help to push back against such laws.
Anyone who feels strongly about it is welcome to boycott Tesla and buy another vehicle from . . . I guess no vehicle for you since it seems every car company is based in areas that are more protective of life, but I suppose that's good because public transit is better in every way to even the "greenest" EV.
Moving factories and headquarters isn't fast, they've been talking about this for years. The anti-choice legislation is very recent. Also, Biden just blocked it, so the laws you don't like might even be rolled back by the time they get there.
[+] [-] giraffe333|4 years ago|reply
[+] [-] otrahuevada|4 years ago|reply
What I do wonder is how this is going to affect the internal composition of the company; I'm fairly sure a sizable % of their employees, especially women and POC, would rather gtfo than move over there.
[+] [-] jmugan|4 years ago|reply
[+] [-] ricw|4 years ago|reply
This is the single dumbest thing Musk could do. A big F to the state that has promoted him to where he is, that contains the vast majority of his fan and customer base. All to save some taxes.
I used to promote Tesla to friends. That’s certainly over.
[+] [-] halfmatthalfcat|4 years ago|reply
[+] [-] gleenn|4 years ago|reply
[+] [-] kodah|4 years ago|reply
It's also good to remember that that law was put in place because people would buy cars and there was nowhere to service them. Much of Texas is still rural to some degree.
[+] [-] keyle|4 years ago|reply
[+] [-] hlesesne|4 years ago|reply
[+] [-] xrd|4 years ago|reply
[+] [-] test6554|4 years ago|reply
[+] [-] GaryTang|4 years ago|reply
Edit: Citation provided below
https://www.reuters.com/business/autos-transportation/tesla-...
[+] [-] romwell|4 years ago|reply
Also, pragmatically, if this means that more tech workers end up relocating to Texas, this will hasten the shift in Texan politics. Most tech workers are left-leaning if only because educated people are left-leaning.
And let's be honest, if you are working for a salary, the Republican party does not represent your interests.
Given how covid is currently affecting Texas, the next election cycles are going to be interesting.
[+] [-] texasviking|4 years ago|reply
[+] [-] pyinstallwoes|4 years ago|reply
[+] [-] 0xy|4 years ago|reply
I wouldn't associate PhDs with intelligence given this information.
[1] https://www.webmd.com/vaccines/covid-19-vaccine/news/2021081...
[2] https://www.pewresearch.org/politics/2016/04/26/a-wider-ideo...
[+] [-] systemvoltage|4 years ago|reply
[+] [-] cxf12|4 years ago|reply
Educated people should be able to see the current graphs. Hint: Covid will be gone in 4-6 weeks.
[+] [-] GhettoComputers|4 years ago|reply
What morals do you stand for when oppressing people’s individuality under the guise of any political reason? You wouldn’t cheer for others forcing your actions, would you?
[+] [-] rcpt|4 years ago|reply
NJ, New York, Pittsburgh: all improvements. Texas also has good tax law which is fair to newcomers but all the other stuff seems like it'd be a real drag on hiring.
[+] [-] hh3k0|4 years ago|reply
[+] [-] Kenji|4 years ago|reply
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[+] [-] aaron_m04|4 years ago|reply
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[+] [-] mulcahey|4 years ago|reply
If anything, Tesla will be brining a bunch of blue voters from CA which could help to push back against such laws.
[+] [-] tenpies|4 years ago|reply
[+] [-] gleenn|4 years ago|reply
[+] [-] calvinmorrison|4 years ago|reply
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[+] [-] clockworkhavoc|4 years ago|reply
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[+] [-] mynameishere|4 years ago|reply
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