Austin cheers Tesla’s headquarters move, but local home buyers left on edge

Published by
Reuters

By Tina Bellon AUSTIN, Texas (Reuters) – Austin prides itself on “keeping it weird,” but the city’s success at luring more big companies such as Tesla Inc has some residents wary of getting priced out of their unique culture. Tesla’s CEO, Elon Musk, said on Thursday the electric car maker will move its headquarters https://www.reuters.com/business/autos-transportation/tesla-moving-headquarters-austin-texas-says-ceo-musk-2021-10-07 from Palo Alto, California, to Austin, Texas. Housing prices in the Austin metro area have skyrocketed in recent years, with large tech firms including Apple Inc, Al…

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