Written by: Leonard Parker | Houston Business News | 08th October
17 May 2021, Brandenburg, GrÃ¼nheide: Elon Musk, Tesla CEO, stands on the construction site of the Tesla factory and waves. He has taken a look at the progress of construction of the new factory in GrÃ¼nheide near Berlin, which will probably start production several months later than originally planned. The 49-year-old did not initially comment on Monday. Photo: Christophe Gateau/dpa (Photo by Christophe Gateau/picture alliance via Getty Images)Christophe Gateau/picture alliance via Getty Images
Big news is rarely made while wearing a bandana, but Elon Musk did exactly that on Thursday. Donning his signature black neckerchief, the Tesla CEO announced his company's headquarters was moving from Palo Alto to Austin.
Tesla's move comes amid one of the most divisive and brutal legislative sessions in history, one where Texans saw their access to voting rights and abortion rights stripped away, among other things. None of that seem to matter to Musk, who was recently minted the second richest person in America, and is famously chummy with Gov. Greg Abbott. (Musk has said he prefers to "stay out a politics," a luxury afforded only to most privileged among us.)
Still, in an atmosphere where everything feels political, Tesla's move isn't a clear cut "win" for either side. Lawmakers and state leaders from across industry — and the aisle — were quick to applaud the move. Average Austinites, however, were more concerned with how an influx of high-wage workers will affect affordability in an area where the cost of living has skyrocketed in recent years.
Anything Tesla does grabs headlines, so a move of this magnitude naturally garnered headlines around the world. It also ignited fiery reactions from Texans applauding — and bemoaning — the move.October 8, 2021
I lived in Austin for a year, I love it there! But, I do not think people have really internalized how the current shift to imposing physically & emotionally horrifying right-wing dogma into law will have on the ability to recruit and maintain white-collar talent.— David Rothschild (@DavMicRot) October 8, 2021
Austin continues to be a magnet for talent, innovation, and people who want to change the world. Welcome to the best city and state in the country, @Tesla! @UTAustin looks forward to working with you! https://t.co/cExcV6FuEH— Jay Hartzell (@JCHartzell) October 8, 2021
Tesla is moving its headquarters to Austin, Texas. #KeepAustinWeird not stupid. There went the neighborhood. Ugh!— 🐾?•🍂LesaRenee333🍂?•🐾 (@LesaRenee333) October 8, 2021
Tesla HQ in Austin? 🤯— Jay B Sauceda (@jaybsauceda) October 7, 2021 October 7, 2021
We welcome @Tesla home! It's a tech company that creates the clean-manufacturing, middle-skill jobs Austin needs. We’re one of the safest big cities, with a strong innovative, entrepreneurial, environmentally-focused culture. https://t.co/N3vPvohHuq— Mayor Adler | Get vaccinated! (@MayorAdler) October 7, 2021
Let’s just say I’m glad I moved away from Austin when I did! | CEO Elon Musk broke the news at the company's shareholders meeting, held for the first time at the facility Tesla is building in Travis County. https://t.co/G0YqKbDWd3— (. ) (@Amaz1nONE) October 8, 2021
So is @elonmusk going to help us pay rent when it doubles by next year ? Austin’s cost of living has already increased significantly this year and will only continue to do so with the influx of people moving here to work for big companies like Tesla, Samsung etc— Juls☽ (@JFL0REZ) October 8, 2021
The Lone Star State is the land of opportunity and innovation.
Welcome.https://t.co/MoqBTe4gwC— Greg Abbott (@GregAbbott_TX) October 7, 2021
Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Grünheide near Berlin. - With his social media prognostications about Bitcoin or GameStop, Elon Musk has been venturing further away from his own businesses and becoming more like a Wall Street heavyweight who can move markets with just a few words.ODD ANDERSEN, Contributor / AFP via Getty Images