OCTOBER 7, 2021 — TESLA MOVES HEADQUARTERS FROM PALO ALTO TO AUSTIN, TEXAS
Tesla CEO Elon Musk announced that Tesla is moving its corporate headquarters to Austin, Texas, where a new factory for the Model Y and forthcoming Cybertruck is nearing completion ending its California home after 18 years since its founding in 2003.
MAY 10, 2020 — Original post…
Without a doubt, Elon Musk is one of the finest self-promoters and financial engineers in the history of the United States.
He has managed to take the hard work of others, brand it as his own, and sell it to the government and the public at great profit to himself.
Nobody knows the exact state of Musk’s thinking or the actual financial condition of his various enterprises.
However, historically speaking, many of his bold moves involve publicity stunts that presage another “ask” for more benefits or another round of capital fundraising.
Considering the coming competition from well-financed and competent mass automakers in the electric vehicle space, Tesla’s future is cloudy. Whether Musk can morph from a boutique carmaker to the luxury car market into the mass market or re-positioned as a high-flying (SpaceX) technology company remains to be seen.
So what’s with Musk’s Twitter threat to leave California if his factory does not reopen before he runs out of cash, needs additional government subsidies, or simply fades away?
How much danger does this pose to executives and employees in the various Musk enterprises located in California?
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?