Tesla Moves to Texas

and Texas goes red

The red areas of Texas are not those places where the CA immigrants settled. They mostly went to the larger urban areas. Houston, Dallas, Fort Worth, Austin, San Antonio, and El Paso (counties) went blue.
 
True, but CA net migration has declined and their population growth today is largely from the natural increase of the excess of births over deaths.

California population growth slowest since 1900 as residents leave, immigration decelerates

https://www.latimes.com/california/...-decline-with-state-emigration-a-major-factor

Just counting migration within the U.S. California has been losing population for years. Our total population has continued to grow because of immigration and births. But as your article shows that's slowed down recently too.

I think Musk's comments were spot on. It's not like we're going to wake up tomorrow and half the state's population will be gone. But slowly people and businesses have moved out. And it will/does have an effect on the state budget and revenues the state takes in and thus the services it provides. If you don't live here you don't pay much attention to that nor do you (understandably) care. But for people who live here it is a (big) subject of discussion.
 
The red areas of Texas are not those places where the CA immigrants settled. They mostly went to the larger urban areas. Houston, Dallas, Fort Worth, Austin, San Antonio, and El Paso (counties) went blue.

I'm not too familiar with Texas politics and it doesn't surprise me at all that California migrants are responsible for Texas turning more blue (if it is). But I have read articles stating there are many conservative among those leaving CA for Texas (because while the conservative population of California is small on a percentage basis being a state of 40 million people it's still a good number of folks).

I don't know which number is bigger (conservatives or liberal) leaving the state for Texas but would be interesting to know.
 
Just counting migration within the U.S. California has been losing population for years. Our total population has continued to grow because of immigration and births. But as your article shows that's slowed down recently too.

I think Musk's comments were spot on. It's not like we're going to wake up tomorrow and half the state's population will be gone. But slowly people and businesses have moved out. And it will/does have an effect on the state budget and revenues the state takes in and thus the services it provides. If you don't live here you don't pay much attention to that nor do you (understandably) care. But for people who live here it is a (big) subject of discussion.

The head of Carl's Jr hamburger chained moved his company to TX from CA and talked mostly about the long amount of time it took him to get a store built in CA compared to TX.
 
The head of Carl's Jr hamburger chained moved his company to TX from CA and talked mostly about the long amount of time it took him to get a store built in CA compared to TX.

I'll share this story another time but in a past life I went to planning commission and board of supervisor meetings in S.F. working to get approval to build two very large condo towers in the City for my firm. It was one of the craziest experiences. I left one of the meetings thinking I was a bad person for working to build more housing.

It's hard to describe the mindset here and 100% believe what the Carls Jr. guy was saying.
 
I'm not too familiar with Texas politics and it doesn't surprise me at all that California migrants are responsible for Texas turning more blue (if it is). But I have read articles stating there are many conservative among those leaving CA for Texas (because while the conservative population of California is small on a percentage basis being a state of 40 million people it's still a good number of folks).

I don't know which number is bigger (conservatives or liberal) leaving the state for Texas but would be interesting to know.

Texas doesn't have voter registration by party so it makes it difficult to know. I guess we could just ask all the Prius drivers about their party affiliation. The growing Hispanic and Asian population is also increasing the Democratic vote in TX, but that is a young group with lower voter turnout.

Across the same groups, Hispanic students accounted for the largest percentage of total enrollment in Texas public schools in 2018-19 (52.6%), followed by White (27.4%), African American (12.6%), Asian (4.5%), and multiracial (2.4%
 
more info on the background of the move
https://www.foxbusiness.com/money/tesla-texas-things-getting-real
Back in California, another threat against Tesla and the state’s last auto manufacturing plant is rising: the government’s COVID lockdowns have hammered the state budget, going from a surplus to a $54.3 billion shortfall, 46 percent higher than it was at the peak of the Great Recession.

This has led California lawmakers to consider a series of heavy tax increases to close the deficit. On top of that, voters will consider two ballot initiatives this November to hike property taxes on commercial properties up to $12.5 billion annually.
https://www.globest.com/2020/12/07/...ed-measures-play-out/?slreturn=20201109130741

This would increase property taxes in California by 20 percent. This property tax hike, if approved, would significantly increase the tax burden for Tesla’s factory in Fremont and for other businesses, accelerating the business exodus out of the state.

Lastly, business analysts estimate that Telsa, and other firms, can save 32 percent of their operating costs by moving out of California, due to lower tax, land, labor, energy, and regulatory compliance costs. And, with news that Tesla’s Model 3 sales plunged 37 percent in April and May in California, their most important U.S. market, likely due to the government-imposed shutdown of manufacturing due to COVID-19, Musk is under even greater pressure to cut costs—a move to Texas may be just what the shareholders ordered.
 
Texas doesn't have voter registration by party so it makes it difficult to know. I guess we could just ask all the Prius drivers about their party affiliation. The growing Hispanic and Asian population is also increasing the Democratic vote in TX, but that is a young group with lower voter turnout.

Across the same groups, Hispanic students accounted for the largest percentage of total enrollment in Texas public schools in 2018-19 (52.6%), followed by White (27.4%), African American (12.6%), Asian (4.5%), and multiracial (2.4%

The public school numbers in California probably look pretty similar demographic wise to Texas (with CA having a larger Asian population). In CA, if you live in Oakland, SF or LA and have money your kid is going to private school. It's why the white percentage in public school is so much lower than the overall white population.
 
The move to Texas means that Elon Musk will increase his chances at avoiding a 13.3% state income tax on the capital gains he takes in the event he sells Tesla stock or receives bonuses — though California’s Franchise Tax Board can be known for their relentless pursuit of income taxes across state lines. Texas has no personal income tax.

He’s not alone. What started as a trickle may become a flood.


Musk’s personal change of address follows quickly on the heels of Hewlett Packard Enterprise moving from Silicon Valley to Houston, Joe Lonsdale, like Musk, a Silicon Valley founder (Palantir and Addepar) and venture capitalist moving to Austin, and innovative millionaire podcaster Joe Rogan moving from Los Angeles to Austin.

according to the U.S. Census Bureau, it isn’t just the rich and famous who are leaving California. Every year for the past 15 years, about 100,000 more Californians leave the state than other Americans move in, with the most popular destination consistently Texas, 1,300 miles to the east.

Commenting on California’s business climate, Musk likened the Golden State to a sports team that starts winning for so long that its players take things for granted and get complacent and entitled and “…then they don’t win the championship anymore.”

:hand:
He's living up to his "smartest man in the world" moniker.
 
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