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by slowmovintarget 685 days ago
Didn't Elon also give a politically motivated reason for moving his HQs out of California? [1]

[1] https://leginfo.legislature.ca.gov/faces/billTextClient.xhtm...

3 comments

It was widely reported that Musk was moving X and SpaceX's offices to Texas due to a new LGBTQ+ reporting law for schools, which in turn was heralded as Yet Further Proof of California's demise.

https://dailycaller.com/2024/07/16/elon-musk-spacex-headquar...

Now we're hearing that he's moving X's offices to the South Bay Area. Go figure.

He’d been threatening it since at least the Covid/Alameda County spat. It’s transparently just him trying to save 13.3% on capital gains taxes
I could imagine him having a variety of reasons, but in certain situations pretending it's only one of them, to apply pressure.

I don't have any special knowledge in this situation, I'm just drawing on my understanding of people.