The great power shift: Elon Musk is the latest high-profile business leader to bolt from California because of its governance and cost


 

(From Axios)

Musk moved to Texas … Palantir co-founder Joe Lonsdale moved his venture firm from Silicon Valley to Austin … and Hewlett Packard Enterprise Co. — “a descendant of the firm that Bill Hewlett and Dave Packard famously started in a Palo Alto, Calif., garage,” as The Journal put it — is moving to Houston.

CNBC this week referred to the Lone Star State as “TECH-SAS.”

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This article was originally posted here: https://www.ac2news.com/2020/12/the-great-power-shift-elon-musk-is-the-latest-high-profile-business-leader-to-bolt-from-california-because-of-its-governance-and-cost/.

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