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Tesla to Move its Headquarters to Austin, Texas

Thursday, October 7, Tesla is moving its headquarters from Silicon Valley to Austin, Texas, where it is building a massive car and battery manufacturing complex.

Tesla CEO Elon Musk announced the news at the 2021 Tesla, Inc. Annual Meeting of Stockholders, which took place at the Tesla Austin gigafactory, rather than in the Bay Area as it did in previous years.

“I’m excited to announce we’re moving our headquarters to Austin Texas,” Musk said. “We’re going to create an ecological paradise here around the Colorado River.”

Musk said that Tesla is making great progress on the Austin-area factory, which the company has dubbed Giga Texas. The first vehicles are expected to roll out of the facility as early as this year, and the facility could bring more than 10,000 new jobs to Central Texas through 2022.

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