Categories: Business

Anger over regulations: Elon Musk wants to move Tesla’s headquarters due to Corona frustration

Tesla CEO Elon Musk plans to move the electric car maker’s headquarters to another U.S. state due to ongoing Corona restrictions.

Tesla will move its headquarters and upcoming ventures “immediately” to Texas or Nevada, Musk wrote on Twitter. “Honestly, that’s the icing on the cake,” he wrote, referring to regulations from the Alameda district near San Francisco that would prevent the Tesla factory there from reopening before June.

He will immediately appeal the district’s decision, Musk raged. Continued production at the Fremont site depends on how the company will be treated there in the future, he added. “Tesla is the last remaining automaker” in California and is also a major exporter, he wrote.

Musk is known for causing a stir and confusion with quirky and opinion-heavy appearances on Twitter. Just last week, he sent a series of idiosyncratic tweets to ensure that Tesla’s stock market value plummeted by billions of dollars. In 2018, Musk’s tweets had even caused trouble from the US Securities and Exchange Commission (SEC). In fact, according to an agreement with the SEC, he must have relevant tweets released by the company in advance.

Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

Capital B Raises €7.6m From Adam Back For More Bitcoin

Capital B raised €7.6 million from Adam Back on 2 September 2026, issuing him 13,181,030…

8 hours ago

Dr. Theo Gerstle on Why Listening Matters More Than Technique in Plastic Surgery

Dr. Theo Gerstle is a plastic surgeon at Lexington Plastic Surgery in Lexington, Kentucky. What…

23 hours ago

Devin McMenamy Commits to a Public Pledge: Five Working Disciplines to Keep Personal Life First

A Personal Pledge with Concrete Commitments New Jersey, USA, Sep 02, 2026, ZEX PR WIRE — Devin…

23 hours ago

Gita Sankano Announces 2025 Outlook: Four Shifts Reshaping Real Estate Finance and Community Development

Looking Ahead: What the Next Year Holds for Real Estate Finance Maryland, USA, Sep 02,…

23 hours ago

Linda Ellard announces a public commitment to team based specialist care

Linda Ellard, APRN-CNS, is formalizing a standing practice of looping in specialists early rather than…

2 days ago

WooSender Announces Open AI Communication Audit for Financial Services Firms

Free Self-Assessment Tool Targets Communication Gaps in Insurance and Advisory Practices New York, USA, Sep…

2 days ago