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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 (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!

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Technologies

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.

Why Bybit?

Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.

The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.

Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities! 

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Technologies

Verum Coin listed at Blockchain.com

Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.

The Verum Coin (VERUM) project continues to expand its presence in the cryptocurrency market. Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.

About Blockchain.com

Blockchain.com is one of the largest and most respected platforms in the cryptocurrency world. Founded in 2011, it serves millions of users across more than 200 countries, providing easy access to cryptocurrencies through intuitive tools. Blockchain.com’s reputation as a trusted ecosystem makes its integration with VERUM a significant step in building trust and accessibility for the coin.

About Verum Coin

Verum Coin is a promising digital asset that has already made a name for itself in the market with its innovative solutions and steady growth. Being available on reputable platforms like Blockchain.com opens up new opportunities for VERUM and brings it closer to users worldwide.

This integration offers VERUM holders convenience and security, as well as expanded options for storage, trading, and investment. Stay tuned for further updates from the project — there’s much more to come!

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