Greater than a yr after shifting its company headquarters from Palo Alto, California to Austin, Texas, Tesla at present introduced a return to the Silicon Valley metropolis, which will likely be dwelling to its world engineering headquarters.
The announcement was made by Tesla CEO Elon Musk and California Governor Gavin Newsom in a live-streamed occasion from the previous headquarters of Hewlett Packard in Palo Alto the place Tesla’s engineering HQ will likely be situated.
In October 2021, we reported about Tesla leasing new workplace house in Palo Alto from HP regardless of saying the relocation of its company headquarters to Austin, Texas earlier that month. With that in thoughts, it seems to be like this transfer has been deliberate for fairly some time.
Of their joint announcement, Musk and Newsom didn’t present too many particulars in regards to the implications of the transfer, similar to what number of jobs will likely be created and the inducement package deal the state of California doubtless supplied Tesla. We’ll in all probability study extra about that at Tesla’s Investor Day occasion on March 1.
Shortly after the announcement, Tesla’s Twitter web page posted a hyperlink to its web site’s careers web page displaying an enormous listing of jobs primarily based in Palo Alto in areas together with automobile software program, charging, Autopilot and robotics, engineering and knowledge expertise, provide chain, operations and enterprise assist, and extra.
California stays a key supply of expertise for tech firms, and Tesla‘s CEO famous that finding the corporate’s engineering headquarters in a former Hewlett Packard constructing is “a poetic transition from the company that founded Silicon Valley to Tesla.”
The announcement alerts that the frosty relations between Tesla and California could also be a factor of the previous. The EV maker has 47,000 workers within the Golden State and maintains a big footprint, together with an auto plant in Fremont, Megapack manufacturing in Lathrop, battery growth and testing in San Diego, and {hardware} and software program engineering in Palo Alto.
Tesla was in fact based in California nearly 20 years in the past and its first manufacturing unit was within the San Francisco Bay Space metropolis of Fremont. Musk mentioned through the live-streamed occasion that the Fremont Manufacturing unit was North America’s most efficient plant final yr and is on monitor to construct greater than 600,000 autos in 2023.
Elon Musk beforehand criticized California for “overregulation, overlitigation, overtaxation,” and even moved his residency from Los Angeles to Austin, Texas, which doesn’t have state revenue tax.
In 2020, Musk threatened to maneuver Tesla’s headquarters – which he finally did – and future applications to Texas amid a dispute over the closure of the Fremont plant on account of Covid-19.
