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Tesla Inc heads for the newly emerging Texas tech hub of Austin in another blow to Bay Area

Tesla Inc heads for the newly emerging Texas tech hub of Austin in another blow to Bay Area

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Citing an inability to scale at the pace he wants, Tesla Inc chief executive and founder Elon Musk says he plans to move the company’s headquarters out of Bay Area close to San Francisco. He is headed south and east to the newly emerging tech hub of Austin in Texas, following a whole host of businesses beating the same trail – including Amazon, Google, Facebook and Oracle.

...read full article on Proactive Investors

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