Why tesla moving its headquarters from california to texas

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Article: Elon Musk Moves to Texas, Takes Jab at Silicon Valley

Question 1: According to Elon Musk, why is Tesla moving its headquarters from California to Texas? What are his objections to California? What are the advantages of having Texas as the location for the main headquarters?

(use locational advantage model, also called National Competitive Advantage, Fig 2.2., in week 2. Do additional research specifically in Factor Conditions, that is Inputs to a firm's value chain)

Question 2: Besides just the issue of Californian culture and taxes, what more general issues does the Tesla case raise? In real estate it is usually said that the three most consider most important criteria are "location, location, location. " Now, does remote working means that location is a less important criterion for issues like where to put corporate headquarters? In other words, will even corporations like Tesla no longer feel that they have to have their headquarters in Silicon Valley?

Question 3: Will the Musk decision lead to changes in the politics, culture, and perhaps the complacency of Silicon Valley? In other words, does the Tesla move signal to cities everywhere that they have to become more competitive if they want to keep their corporations based there? Why or why not?

Reference no: EM133300679

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