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AI company Moveworks is expanding its office to Austin as part of its rapid growth. (Moveworks/Facebook)

Yet another tech company is staking a claim in the tech "boomtown" of Austin, Texas, with artificial intelligence company Moveworks announcing its move Thursday.

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Tesla CEO Elon Musk said the company would relocate its headquarters from California to Austin.

Just days after rumors swirled about the tech company's relocation, Tesla CEO Elon Musk announced Thursday that the company would follow its billionaire leader and move its headquarters to Austin.

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Austin Trail of Lights will return this year with drive-thru services for the second year in a row. (Laura Figi/Austonia)

Vehicle passes are now available for the 57th Trail of Lights, the annual holiday display that will once again be a drive-thru event this winter.

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Tesla's headquarters could soon be near its Giga Texas location if the company relocates to Austin. (Jeff Roberts/Austin Tesla Club)

Tesla could be swapping the Silicon Valley for the Hill Country with reports that its headquarters may move to Austin, the tech hub where CEO Elon Musk currently partly resides.

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