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Tesla CEO Elon Musk has revealed that the company’s headquarters will be relocated from California to Texas at the 2021 Annual Meeting of Stockholders event. The famed EV automaker was previously based in Palo Alto, in Silicon Valley. However, last year, Musk vowed to relocate the company’s headquarters to Texas in response to the closing of its primary facility in Fremont outside, San Francisco. He was dissatisfied with the factory’s temporary closure owing to Covid restrictions.

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