Technologies

Elon Musk says Tesla will move headquarters to Texas

The Tesla CEO has been focusing more on operations in Texas for both the automaker and his space exploration company, SpaceX.

Tesla founder and CEO Elon Musk has announced plans to move the electric-car maker’s corporate HQ from California to Texas.

«I’m excited to announce that we’re moving our headquarters to Austin, Texas,» Musk said Thursday during a shareholders meeting. The carmaker is currently based in Palo Alto, California.

«Just to be clear, we will be continuing to expand our activities in California,» he said. «This isn’t a matter of Tesla leaving California.»

Musk said in December that he’d personally move to Texas and also tweeted in May 2020 that he’d be moving Tesla’s headquarters to Texas or Nevada «immediately.»

Musk began developing a Tesla gigafactory in Texas in the summer 2020, and the state is also one of the locations for operations by SpaceX, another of Musk’s companies. Musk has pressed engineers, technicians and builders interested in working for the spacerocket builder to relocate to Texas. «Please consider moving to Starbase or greater Brownsville/South Padre area in Texas and encourage friends to do so!» Musk tweeted in March.

The move comes on the heels of a series of clashes with Alameda County officials last year over the forced shutdown of Tesla’s factory in Fremont, California, over concerns for worker safety. Musk eventually ignored the order and reopened the factory after downplaying the severity of the pandemic, daring officials to arrest him. No arrests were made, but Musk did tweet that Tesla would be suing the county for «acting contrary to… our Constitutional freedoms and just plain common sense.»

Tesla isn’t the only tech powerhouse attracted to the Lone Star State. Business software and services company Oracle said in December it’s changing its corporate headquarters from the Silicon Valley area to Austin to provide its workers «with more flexibility about where and how they work.» Hewlett-Packard Enterprise, a descendant of the pioneering Silicon Valley company, said in 2020 that it’s moving its headquarters from San Jose, California, to Houston.

Tesla could immediately be reached for comment, as the company dissolved its public relations department last year.

Technologies

Verum Coin Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

Convenience: Simplified conversions for quick asset management.
Security: Trusted infrastructure for safeguarding digital assets.
Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.