Tesla to Move Headquarters to Austin, Texas, Musk Says

By Kevin Colleran On Oct 8, 2021

Tesla vehicles outside the companies facilities in Fremont, Calif.

Photo:

Dylan Stewart/Image of Sports/Newscom/Zuma Press

Tesla Inc.

TSLA 1.39%

is moving its headquarters to Austin, Texas, from Silicon Valley, Chief Executive

Elon Musk

said Thursday.

Mr. Musk was speaking at the company’s annual shareholder meeting in the Austin area, where the company is building a factory.

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Tesla to Move Headquarters to Austin, Texas, Musk Says

Tesla vehicles outside the companies facilities in Fremont, Calif.