EV vehicle startup company Canoo, well known for their snub-nosed vans and trucks, announced on Monday that they will be moving their company from Torrance to Justin, Texas, an outer ring suburb of Fort Worth. Started in 2017 in Torrance,...
According to a new Stanford University Hoover Institution report released on Thursday, the rate at which companies have been leaving California has risen dramatically since 2018, with the 153 company headquarters relocations in 2021, more than doubling the 75 that...
Electric vehicle and energy company Tesla officially moved completely from Palo Alto to Austin, Texas on Wednesday, becoming the latest Californian company to move out of the state in the last few years. The move to Austin had been in...
Speaking at the Tesla shareholder’s meeting outside of Austin on Thursday, CEO Elon Musk announced that the electric vehicle and energy company would be moving its headquarters from Palo Alto to Austin. Musk cited the high costs for employees in...