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The tax loss will be absolutely astronomical. It's not about Elons' personal taxes. It's all the taxes and fees collected for each person employed in the state. Most people have never run a business and therefor have no idea about all the taxes and fees take from the business. Things like unemployment insurance, workers compensation insurance, FICA payroll tax, business incense fee aka tax and the countless other fees and taxes. That is all vanishing from California.

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.