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.