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Elon Musk relocates to Texas, criticises ‘complacent’ California

San Francisco | Elon Musk has moved to Texas to focus on two big priorities for his companies: SpaceX’s new Starship vehicle and Tesla's new Gigafactory, under construction in Austin.

There also are potentially enormous tax implications for Mr Musk, who recently became the world’s second-wealthiest person. Texas has no personal income tax, while California imposes the highest personal income levies in the nation on its richest residents.

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    Original URL: https://www.afr.com/technology/elon-musk-relocates-to-texas-criticises-complacent-california-20201209-p56m4a