Elon Musk Archives - Page 5 of 7

Wealth Tax California Style: Tax ‘Avoidance’ Will Not Be Allowed

December 21, 2020 8:12 am

Tesla founder Elon Musk recently left California for Texas after warning Gov. Gavin Newsom of his intensions, to which Newsom responded: Meh. Many other business owners before and after Musk have also fled the state’s high taxes and business-interfering regulations,...

Leaving California: Oracle Co-Founder Larry Ellison Announces Move To Hawaii

December 14, 2020 5:12 pmDecember 15, 2020 1:09 pm

On Monday, the 11th richest person in the world , Oracle co-Founder Larry Ellison, announced that he has moved out of California, becoming only the latest billionaire to leave Silicon Valley. In his Monday announcement to employee’s, Ellison confirmed that...

California: ‘Closed Until Further Notice’

December 14, 2020 7:40 amDecember 14, 2020 2:55 pm

California Governor Gavin Newsom imposed another statewide lockdown on the state’s residents. For many, this is the death blow to their businesses. Signs in businesses everywhere say “Closed until further notice.” Tesla founder Elon Musk announced he has had enough...

Leaving CA: Tech Giant Oracle Leaving California for Texas

December 12, 2020 2:30 amDecember 14, 2020 9:04 am

On Friday, Oracle, one of the largest computer technology companies in the world, announced that they would move their headquarters from Redwood City in the Bay Area to Austin, Texas. Oracle’s move is only the latest such move of tech...

Deja Vu: Another Wealth Tax Bill Introduced in Assembly to Combat Homelessness

December 11, 2020 2:38 pmDecember 23, 2020 8:07 am

A new bill was introduced in the Assembly this week that would simultaneously increase corporate taxes, raise income taxes on citizens making over $1 million a year, and eliminate corporate tax “loopholes.” Assembly Bill 71, jointly authored by Assembly members...

Tesla’s Elon Musk Leaving the Golden State for the No Income Tax State

December 6, 2020 8:58 amDecember 7, 2020 8:54 am

It was only in May when Tesla CEO Elon Musk threatened to move both the company headquarters and production facilities to Texas or Nevada if they were not allowed to reopen as soon as possible, as California Globe reported. Then Musk...

Tesla, Other Factories Deemed ‘Essential’ to Remain Open During Statewide COVID Shutdown

November 23, 2020 2:50 pmNovember 23, 2020 6:11 pm

On Monday, the California Department of Health (CDPH) announced that Tesla, along with a small number of other factories deemed critical for the state, would be allowed to remain open during the latest COVID-19 shutdowns and curfew in the state....