Tesla has officially moved its headquarters from Silicon Valley to its under-construction Gigafactory in southeast Travis County.
In October, CEO Elon Musk had announced plans to uproot the HQ from California during a company shareholder meeting. The company’s filing with U.S. securities regulators on Wednesday locked down the move.
It’s unclear whether the 10,000 employees in Palo Alto will be required to move. An analyst told the Associated Press that while many may be given the option of staying, up to 50% could make the move with some motivated by a lower cost of living in Austin.
“It’s tough for people to afford houses, and people have to come in from far away… there’s a limit to how big you can scale in the Bay Area,” Musk had previously said. Regardless of the HQ move, the company plans to increase production at its California plant.
The HQ swap is the latest development on Giga Texas, the approximately 1,700-acre factory that Tesla received at least $14.7 million in tax breaks for. The factory is on track to start production of its Model Y vehicles by year’s end.
Musk has hinted at making the move for some time. Last year, while California health officials were concerned with the spread of COVID-19, Tesla’s push to reopen the factory in Fremont set off a spat. During an earnings call in April 2020, he’d described the state’s health orders as “fascist.” Recently, Musk relocated his own residence from Los Angeles to Texas, bringing almost each one of his companies along with him, including the Boring Company, Neuralink and his foundation.
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Arch Manning, the latest prospect in the Manning football family and No. 1 recruit in the class of 2023, has committed to the University of Texas.
Manning is the nephew of Eli and Peyton Manning and the son of Cooper Manning, a former wide receiver for Ole Miss. The Manning football legacy began with Archie Manning, Arch Manning's grandfather and namesake who played for the New Orleans Saints throughout the 1970s.
Committed to the University of Texas. #HookEmpic.twitter.com/jHYbjBaF5K
— Arch Manning (@ArchManning) June 23, 2022
Manning joins head Texas football coach Steve Sarkisian's program after a disappointing 5-7 first season. Manning, who has been the starting quarterback at New Orlean's Newman High School since he was a freshman, was the No. 1 recruit in the 2023 class, according to 247sports.
Manning had plenty of SEC suitors, including Georgia, Alabama and LSU, but committed to Texas after a recent visit to Austin.
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The Lone Star Fugitive Task Force has found the Jeep belonging to Kaitlin Armstrong, the accused murderer of professional cyclist Moriah “Mo” Wilson.
Armstrong is suspected to have killed Wilson—who was visiting Austin for a race in Hico, Texas last month—in a crime of passion after Wilson met up with her short-term ex-boyfriend Colin Strickland.
The Task Force said the black Jeep Cherokee was sold to a South Austin CarMax dealership on May 13, one day after being questioned by the Austin Police Department, for $12,200.
Armstrong was spotted at Austin-Bergstrom International Airport the next day, en route to LaGuardia Airport, but officials said they lost her trail after she was dropped off at Newark Liberty International Airport on May 18.
Investigators were unable to find any flight reservations under the name “Kaitlin Armstrong” and believe she may be using her sister’s name, Christine.
The case has been designated as a U.S. Marshals Service major case, which brings in more resources to the investigation; officials consider Armstrong dangerous. According to an anonymous tipster, Armstrong became “furious,” when she found out about Wilson and Strickland’s meeting and wanted to “kill” her.
Authorities believe the longer Armstrong is evading arrest, the more dangerous she may become, so anyone who sees her is encouraged to call 911 instead of approaching her. A $6,000 reward, along with an additional $15,000 from an anonymous donor, has been issued for information leading to her capture.