Posted on 10/09/2021 6:19:00 AM PDT by artichokegrower
Tesla CEO Elon Musk confirmed Friday that his company’s move to Texas was, in part, inspired by a California lawmaker's incendiary tweet to him.
(Excerpt) Read more at sfgate.com ...
More liberals coming to Texas.
ELON MUSK paid back EVERY loan-—ahead of time—with all interest applicable.
I’ve read average Austinites saying they were already priced out of the market a year ago.
The tax loss for Kalifornia will be substantial.
While Musk may avoid personal taxes no matter where he lives because of annoying depreciation schedules and other mechanisms, having the gross receipts from Tesla land in Texas is a nice middle finger to the leftists here in Kalifornia.
I highly doubt Texas had to offer any additional incentives to lure him there.
Agreed. Elon is running circles around his competitors.
Tesla continues a long time theme, Californians moving to Texas!
https://media.notthebee.com/articles/6160907449f666160907449f67.jpg
“...insane commies...”
We have a LOT of them around, these days.
Looks like Calif. is once again screwing the golden goose.
Run businesses, there are far too many places that will welcome you and treat you far better than woke, tax em to death Calif.
BFD on the move to uber lib Austin! Mini calipornia shuffle is all!
Do you usually put in a lot of effort to post such utter nonsense?
Yup.
California loses in every way
While Musk may avoid personal taxes no matter where he lives because of annoying depreciation schedules and other mechanisms, having the gross receipts from Tesla land in Texas is a nice middle finger to the leftists here in California.
Actually Musk wins massively by moving to ,Texas (which he did last year) cause Texas has no state income tax, and Musk never took any salary from Tesla for the last 3 years or so, so he avoided the massive California income taxes.
However Musk is cashing in a huge chunk of Tesla shares in this quarter in Texas so will not pay any income taxes on that.
Democrat bowl...leaving California.
Lorena Gonzalez, California’s answer to AOC. Chuckle.
We should check that out. She probably got (s)elected to city councils and state legislatures all over the country to be a Marxist agitator.
The people running that state don't have a clue on how economics actually works and they are going to be shocked when Kalifornia comes crashing down. Kaliforina is crashing now and they can't see it. They are in a death spiral, and keep doing all the wrong things. The People with money and brains will all leave the state. Some may be give no choice but to abandon family farms. They only thing that will be left is corruption and the people in extreme poverty.
Loans, maybe, what about the handouts? does he pay those back to? I didn’t think so.
>>Elon has delivered for every subsidy his corporations have received on a scale never before seen.
Why are taxpayers giving subsidies to the richest person the planet to begin with? you don’t see a problem with that?
>>He received far less then Boeing
Getting less welfare than someone else just means you got less welfare than someone else, welfare is welfare; all corporate welfare is bad.
>>He has brought internet to areas of the country that barely had had any internet access options.
Not yet he hasn’t, and he is already has his mouth firmly in the trough of corporate welfare for that as well. Had it rolled it out without the taxpayer subsidies, then good on him - but he hasn’t - every business he goes into involves a very substantial handout from taxpayers to the richest person on the planet.
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