On Wednesday, Elon Musk, CEO of Tesla, and Gavin Newsom, the incoming governor of California, attended the opening of Tesla’s new technological hub in Silicon Valley (D).
Tesla intends to remodel the former HP headquarters so that it may serve as a hub for its worldwide engineering operations. The famous Democratic politician and successful businessman addressed a news conference there on Wednesday.
‘The future happens in California first,’ as the adage goes. In an interview, Newsom proclaimed that California was “changing the world” because of the state’s historic investments, talent pipeline, and partnerships with companies like Tesla. Towards this end, “the state continues to be the globe’s innovation hub, powering the electric car revolution and leading the industry in every category,” which will make the world a cleaner, greener, and healthier environment for future generations.
At Wednesday’s news conference, Musk was cordial with Newsom, despite his decision to move Tesla’s headquarters from California to Texas in response to antagonism from state and municipal politicians. This company’s headquarters will remain in Austin.
The government lockdowns that prevented the world’s second-richest man’s businesses from reopening in the spring of 2020 were the “final straw” that broke the camel’s back, he said. Although numerous Democratic legislators are still hostile to his recent acquisition of Twitter and his vow to reform the platform’s content moderation laws, the appearance with Newsom may signal a healing of ties with the American Left.
According to an interview Musk gave to CNBC, he explained why he felt it was fitting to move Tesla’s headquarters into the building that had previously housed HP. Our company has both California and Texas origins, which is a distinct advantage.
Musk has proposed moving Twitter’s current headquarters from San Francisco to Austin, Texas, to further emphasize the company’s dedication to defending users’ freedom to express themselves freely. Both SpaceX, Musk’s reusable rocket business, and Neuralink, which develops technologies to read and modify cerebral activity, have offices in Austin, as does The Boring Company, which constructs subterranean tunnels.
Musk elaborated, claiming he is not “anti-California” despite highlighting issues with conducting business there. In a CNBC interview, he cautioned his fellow Californians to be mindful of too burdensome regulations and taxes. Substantively, Tesla’s footprint in the Golden State appears to have grown. About Manufacturing, Engineering, and Personnel. Each year we have grown the number of employees in California.
The new office’s positioning in Silicon Valley, one of the world’s most prolific centers of technological expertise, may make it easier to hire AI-savvy engineers. Experts in the field are in high demand as a result of recent advancements at Microsoft and Google, which have seen the integration of sophisticated mass-market chatbots into their respective search engines. A UBS investment letter obtained by Business Insider claims that in less than two months after its release, ChatGPT, created by a Microsoft-backed business, had amassed 100 million users.
Although its acquisition of Twitter was met with some criticism, Tesla recently announced plans to build two new plants in Nevada to improve its battery cell production capacity, contributing to the company’s biggest quarterly sales ever.