Elon Musk bashes California for ‘overtaxation’ after Tesla’s move to Austin, but says he misses his friends
  • Elon Musk bashed California for “overregulation” and “overtaxation” in a stylish interview. 
  • He acknowledged he misses aspects of the command, mainly his chums. 
  • Musk now lives in Texas, the place Tesla is basically basically basically based and the place SpaceX builds and launches rockets. 

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Elon Musk railed in opposition to his feeble house of California for the period of an interview printed Wednesday. But he acknowledged he misses aspects of residing within the command, including his chums. 

“Some of my finest chums are in California. I end bolt away out many aspects of California, in particular my chums,” Musk acknowledged for the period of an interview with The Babylon Bee, a satirical news net site with a Christian and conservative slant. 

“But it absolutely’s an increasing selection of complex to score things carried out. California old vogue to be the land of opportunity. Now it has change into and is changing into extra so the land of overregulation, overlitigation, overtaxation, and scorn,” he acknowledged. 

In most modern years, Musk has supplied off an endless portfolio of California loyal property. Most just no longer too long within the past, he parted recommendations with a sprawling Bay Residence property for $30 million, which he acknowledged used to be his final remaining house. Late final yr, the Tesla billionaire confirmed that he had moved to Texas, the place he claims to rent a $50,000 house from his rocket firm, SpaceX. 

In October, Musk launched that Tesla would relocate its headquarters from Silicon Valley to Austin, Texas, which he has called “the ideally suited boomtown that The US has seen in 50 years.” The bolt got right here after public spats between Musk and native California officers over COVID-19 refuge-in-place of residing measures. In May per chance presumably per chance per chance 2020, Musk threatened to bolt all of Tesla’s operations to Texas or Nevada as tensions boiled over. 

One other likely merit of challenging to Texas for Musk: no command earnings tax. The richest man within the enviornment has supplied greater than $14 billion price of Tesla stock this yr and is anticipating a hefty tax invoice of around $11 billion. He says that’s the most any American has paid in history. 

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