Elon Musk has moved to Texas, calls California overly complacent

Tesla CEO Elon Musk has joined one-fifth of Americans who have done a “pandemic move.” After spending most of his life in Silicon Valley, Musk has relocated to Texas.

The Tesla CEO let that news slip during an interview for The Wall Street Journal’s annual CEO Council summit. He cited the construction of a new Tesla factory outside Austin, as well as Space X’s planned launch site near the South Texas village of Boca Chica, as a factor in his move. CNBC reported last week that Musk was considering relocating to Texas.

He also criticized California’s economic environment as another reason. “If a team is winning for too long, they tend to get complacent,” Musk said. “California has been winning for a long time, and I think they’re taking...

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