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Where will their headquarters be located? That is the tax revenue generator, not the factory that will always claim a loss to prevent local taxes in Texas.
In other words, Tesla just wants cheap land, no taxes, and cheap labor. But the executives don't actually want to live in Texas. I'm very used to these stories and their end result of no real gain as a resident of Florida.
Typical leftist thinking.
FYI, the taxes paid by Tesla are not the most important part of this to the state of Texas. Do you know what is?
Jobs. As if that would not have been the priority before, with 40 million people now unemployed as a result of overreacting government decisions to lockdown our entire economy for several months, it has never been more of a priority than it is right now.
And then all of the newly employed will pay sales taxes, property taxes, payroll taxes, etc. So that will come to.
The article is WRONG. Musk twittered that Tesla has NOT exercised its right to buy that land. So Tulsa is still in the running for his giga factory. Musk wants production to start as soon as possible. If it was a clear cut decision as to where, he should have already made it by now.
The article is WRONG. Musk twittered that Tesla has NOT exercised its right to buy that land. So Tulsa is still in the running for his giga factory. Musk wants production to start as soon as possible. If it was a clear cut decision as to where, he should have already made it by now.
It appears that Musk wants to keep Tulsa dangling in order to have an alternative in place to use as pressure with Travis County and Del Vale ISD with regards to the property tax incentives.
Austin appears to all but have this in the bag. Stay tuned....
They gave him welfare benefits in CA. Texas outbid CA in welfare benefits this time around. Stands to reason with CA having given out the benefits for so long. This joint is broke.
You conservatives/Republicans crack me up. All this does is make your area the next "liberal hellhole"...well...minus the weather/physical beauty/beach.
Conservatives/Republicans think that businesses suddenly became "upset" with California's politics therefore they started moving to conservative/Republican states.
No, that's not the reason.
The reason is the liberal cities/states eventually became too strained to continue to give the financial freebies they once did. That's all the conservative states are doing now.
And they think the end result won't be the same?
When Texas runs out of freebies the businesses will pack up for another state not ravaged by government freebie-drainage.
The reason why California was able and is still able to retain a good deal of talent/business here is due to the still superior higher education base as well as the weather/beauty. People of incredible wealth/accomplishment still need to have a release after work and driving down the PCH can't be matched in Fort Worth.
Texas won't have that advantage when the financial strain hits so they'll bottom-out harder and quicker.
You can't just throw money at the people who already have a ton of money to move from a desirable place to an undesirable place.
That's what the cons/Repubs don't understand.
Musk moved had to do with keeping his factory running during the pandemic and nothing to do with benefits.
"The 48-year old CEO of Tesla has been bickering on social media with California and Alameda County officials about reopening Tesla’s Fremont, California electric car manufacturing plant, on which the electric carmaker is unusually dependent, since its only other auto manufacturing plant is the newly-opened Gigafactory outside Shanghai. Recently, Musk took to Twitter to threaten to take his company and go home, if by home, he means new digs in either Nevada, or locations where Tesla is reportedly scouting locations for a new Cybertruck plant, Austin, Texas and Tulsa, Oklahoma.
“The unelected & ignorant ‘Interim Health Officer’ of Alameda is acting contrary to the Governor, the President, our Constitutional freedoms & just plain common sense,†Musk tweeted. “Frankly, this is the final straw. Tesla will now move its HQ and future programs to Texas/Nevada immediately.â€
They are not moving, they are looking for a site to build their new model.
Elon Musk says 'several' Tesla Cybertruck Gigafactory sites under consideration
Musk said Tesla hasn't actually purchased land in Austin, Texas yet, while Oklahoma officials say Tulsa is still in the hunt.
Electrek on Thursday reported that Tesla made the purchase as it continues to hash out final tax incentives with the local governments. Musk said on Twitter the same day, however, that Tesla merely has the "option" to purchase but the company "has not exercised it."
When asked if Tulsa, Oklahoma remains in the mix for a possible Tesla production site, Musk simply said the company continues to consider "several options."
Tesla's main vehicle factory in Fremont, California has been struggling to find room to build new models since the Model 3 ramp-up began. Remember the tent? This new facility will be responsible for Cybertruck production and Model Y production for the east coast.
1. Austin is by far the most liberal part of Texas, as in the ratio of liberals to Republicans is nearly 2-1, maybe even approaching 3-1. While all of Texas major cities which range from 50-50 Dallas and Houston to liberal SA and Austin all are growing fast, Austin is growing the fastest.
2. Texas is opening a factory not moving it's HQ, it's good for Austin, but Alameda County is basically Travis County except their Republicans in Austin, while the Democrat leaders are 2 counties over in Sacramento.
But the executives don't actually want to live in Texas.
The state income tax in CA is 13%, it's 0% in Texas. About the only tax advantage for living in CA is the property taxes are relatively low but everything else more than makes up for that.
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