Tesla files legal papers to officially move headquarters to Austin, Texas

The auto company owned by Elon Musk was previously headquartered in Palo Alto, California.

Business, Tesla

12/2/2021 2:23:00 AM

The auto company owned by Elon Musk was previously headquartered in Palo Alto, California.

The auto company owned by Elon Musk was previously headquartered in Palo Alto, California.

, Inc. filed paperwork Wednesday to officially move their headquarters to Austin, Texas.The company released its report filed with the U.S. Securities and Exchange Commission (SEC) stating that the brand will now be run from their 'gigafactory' located near Austin-Bergstrom International Airport.

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Owned by the richest person in the world, South African-bornElon Musk, Tesla has previously been headquartered in Palo Alto, California throughout its lifespan.Musk stated during a shareholder meeting this past October that he was planning on an exile from the brand's California headquarters in favor of Austin.

This is a breaking news story and will be updated with additional information.Tesla is moving its headquarters from Palo Alto, California to Austin, Texas. Here, the Tesla logo can be seen on a charging station.

Read more: Newsweek »

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