You seem to have forgotten how EMusk announced years ago that he was getting out of CaCaLand. There is no hope of any business out this way. Even Chevron is leaving, shutting down their refineries.
Leaving CaCaLand is not like leaving a sinking ship. It is like getting out of a burning building. Anybody who does not understand that is an idiot.
Lots of people are willing to suffer huge quantities of taxes and regulations in exchange for not having to sweat through a humid summer, swat away mass quantities of mosquitoes, or dig their driveway out in a cold snowy winter.