Tesla moving headquarters to Texas from California

Published by
Reuters

By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla Inc Chief Executive Elon Musk said on Thursday the electric carmaker plans to move its headquarters from Palo Alto, California, to Austin, Texas. Musk spoke at Tesla’s annual shareholders’ meeting at its car and battery factory complex in Austin, which is under construction. Shareholders followed board guidance on several key questions, including re-electing Kimbal Musk and James Murdoch as board directors. Proxy advisory firm Institutional Shareholder Services (ISS) had recommended that Tesla investors not re-elect the two directors because of con…

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