In October, she accused Marcos of incompetence and said she had imagined cutting the president's head off
asia3 hours ago
Tesla chief Elon Musk told investors on Thursday that the leading electric vehicle maker is moving its headquarters from Silicon Valley to Texas.
“I’m excited to announce that we’re moving our headquarters to Austin, Texas,” Musk said at an annual shareholders meeting.
“Just to be clear, though, we will be continuing to expand our activities in California.”
Musk said Tesla sales are growing strongly, and the company is ramping up deliveries despite shortages of computer chips and other components.
Tesla aims to increase production at its plant in Fremont, California, by some 50 per cent, according to Musk.
But that plant is hitting its limits on how much more it can handle, he said.
“When we first went in there it was it like a kid in his parents’ shoes; tiny us and this giant factory,” Musk said of its inaugural plant in Silicon Valley.
“Now, it’s like a spam can. We are hitting the sides of the bowl.”
He noted that the cost of living in Silicon Valley is higher for workers, with home prices putting them out of reach for workers, who often wind up with long commutes.
Musk has clashed with regulators in California, and is among high-profile tech figures who personally left the state for places with lower income taxes and less regulation.
In October, she accused Marcos of incompetence and said she had imagined cutting the president's head off
asia3 hours ago
President Subianto's aircraft was met by a ceremonial escort of military jets upon entering UAE airspace
uae3 hours ago
The event encouraged participants to engage in physical fitness and social interaction
uae3 hours ago
These diverse exhibitions promise to provide meaningful insights into the country's rich cultural heritage, offering something for visitors to enjoy
uae4 hours ago
The Dubai-born golfer will next compete for a coveted PGA Tour card at next month's Final Stage in Florida
sports4 hours ago
'These modern features are designed to improve traffic and security operations, elevate fieldwork quality, ensure high responsiveness', a top official said
transport4 hours ago
The night market is located near major hotels in Deira, and visitors can also enjoy free entertainment from different Filipino singers and comedians
uae5 hours ago
It will be humid by night and Sunday morning with a probability of fog or mist formation over some internal areas
weather5 hours ago