Tesla Sets Up California Base in Walk Back From Musk’s Bashing

Feb. 23, 2023, 10:31 AM UTC

Tesla Inc. will set up its global engineering headquarters in California in a sign of renewed cooperation between the electric-vehicle company and the EV-friendly state that Elon Musk scorned the last several years.

The carmaker is moving into the former headquarters of HP Inc. in Palo Alto, Musk announced alongside California Governor Gavin Newsom. Tesla expects 1,400 employees to work at the Hanover Street location, according to the city. The company has hundreds of Palo Alto engineering job openings listed on its website.

The joint announcement suggests a thaw in frosty relations between Musk and California after he ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.