Elon Musk – Page 14 – California Globe

Leaving CA: Tech Giant Oracle Leaving California for Texas

December 12, 2020 2:30 amDecember 14, 2020 9:04 am

On Friday, Oracle, one of the largest computer technology companies in the world, announced that they would move their headquarters from Redwood City in the Bay Area to Austin, Texas. Oracle’s move is only the latest such move of tech...

Deja Vu: Another Wealth Tax Bill Introduced in Assembly to Combat Homelessness

December 11, 2020 2:38 pmDecember 23, 2020 8:07 am

A new bill was introduced in the Assembly this week that would simultaneously increase corporate taxes, raise income taxes on citizens making over $1 million a year, and eliminate corporate tax “loopholes.” Assembly Bill 71, jointly authored by Assembly members...

Tesla’s Elon Musk Leaving the Golden State for the No Income Tax State

December 6, 2020 8:58 amDecember 7, 2020 8:54 am

It was only in May when Tesla CEO Elon Musk threatened to move both the company headquarters and production facilities to Texas or Nevada if they were not allowed to reopen as soon as possible, as California Globe reported. Then Musk...

Tesla, Other Factories Deemed ‘Essential’ to Remain Open During Statewide COVID Shutdown

November 23, 2020 2:50 pmNovember 23, 2020 6:11 pm

On Monday, the California Department of Health (CDPH) announced that Tesla, along with a small number of other factories deemed critical for the state, would be allowed to remain open during the latest COVID-19 shutdowns and curfew in the state....

Jeffrey Gundlach, Other Wealthy Californians Threaten To Leave California If Wealth Tax Is Passed

September 29, 2020 2:37 amSeptember 28, 2020 8:39 pm

During the weekend, a new round of wealthy Californians, including Billionaire Jeffrey Gundlach, threatened to leave California should the new proposed wealth tax be passed, putting pressure on lawmakers who hope to pass the proposed bill next session. Wealth tax...

Fremont Tesla Plant Reopened Despite Alameda County Lockdown

May 12, 2020 2:39 pm

On Monday, Tesla CEO Elon Musk reopened his Fremont car factory, going against Alameda County orders, not to do so because of coronavirus-related health restrictions. Reopening of the Fremont Plant The decision came only days after Musk threatened to move...

Gov. Newsom Says Elon Musk’s Fight is with Alameda County, Not State

May 12, 2020 7:36 amMay 12, 2020 9:59 am

In his press conference Monday, California Gov. Gavin Newsom attempted to distance himself from Tesla CEO Elon Musk’s threat to move his company headquarters and production facilities out of state because of Newsom’s statewide shutdown orders. Musk’s plant has been...