Tesla to expand presence in Palo Alto despite HQ move to Texas, report says

Musk has mentioned Tesla will continue to keep increasing routines in California, which includes boosting output for its motor vehicle manufacturing unit in Fremont and its battery plant in Nevada by 50 percent.

Musk, who experienced mentioned the Texas transfer was thanks to deficiency of place at the Fremont manufacturing unit and highly-priced housing costs in California, did not elaborate on how many persons would transfer to Texas.

Tesla has twelve,000 employees in the San Francisco Bay region, which includes 750 in Palo Alto, in accordance to estimates by Silicon Valley Institute for Regional Scientific studies.

Neither Tesla nor HP have been instantly out there for remark. HP, a pioneer of Silicon Valley, is headquartered in Palo Alto, but its spinoff Hewlett Packard Organization has moved its headquarters to Texas.