https://www.siliconvalley.com/2021/10/08/california-bright-economy-future-tesla-exit-newsom-musk-jobs-green-car/ > OAKLAND — Gov. Gavin Newsom on Friday attempted to put a brave face on the jolt to California’s economy and prestige in the wake of Tesla’s decision to shift its headquarters from Silicon Valley to Texas. > Tesla’s chief executive officer, Elon Musk, announced a decision this week to move the company’s headquarters from Palo Alto to Texas, a defection that helps solidify the narrative that California maintains a hostile business climate.