The 2021 Tesla Annual Shareholders Assembly is occurring proper now, and Elon Musk simply introduced that the electrical automobile firm is transferring their headquarters out of California. Tesla’s new house can be Austin, Texas. Musk made this announcement dwell from the Tesla Gigafactory in Austin immediately.
The assembly begins at 5:30 pm ET / 2:30 pm PT and can be obtainable to observe on the official Tesla YouTube channel or within the embed under.
Tesla CEO Elon Musk went on to state that the corporate remains to be increasing within the state of California, however the Fremont manufacturing unit is jam packed. Musk has been spending extra time in Texas as improvement of the SpaceX Starship is taking extra of his time, so Tesla’s transfer to the Lone Star state might have been pushed by Musk’s personal want to be deliver his firms nearer collectively.
Musk detailed the large development of Tesla through the years, the free money circulation achievements, and in addition acknowledged that he expects Mannequin Y to turn into the best-selling automobile of any sort within the close to future. It is not all sunshine forward for the high-flying EV firm, because the CEO detailed some difficult provide chain points together with chip shortages and elevated transport prices. This result in Mannequin 3 and Mannequin Y value increases earlier this week.
The query and reply session remains to be happening in Austin, Texas proper now, and another attention-grabbing matters have come up. Musk refuted the Mannequin 2 rumors circulating across the Web, saying that Mannequin 3 was meant to be the letter E, he additionally stated that the inventory is just not fairly prepared for an additional share break up. The Tesla CEO additionally introduced that the corporate is open to licensing their autonomous driving expertise to opponents.
It does not seem that there can be any product reveals at immediately’s Tesla Annual Shareholder Meeting, however these occasions are usually extra centered on funds and company governance. Proper now, it seems that Tesla is dealing with provide constraints which might be hampering their development. People who preordered Cybertruck and Roadster autos should wait a bit longer for Musk and firm to ship. Tesla is not at all times probably the most punctual firm on the subject of releasing merchandise on time, and the chip scarcity is actually not serving to in the intervening time.
https://www.shacknews.com/article/127030/tesla-is-moving-their-headquarters-from-california-to-austin-texas | Tesla is transferring their headquarters from California to Austin, Texas