Elon Musk is finally relocating. The billionaire moved Tesla’s headquarters from California to Texas back in 2021, and now he is going to change the company’s registration after he did not find a common language with judges in Delaware, where many American companies are registered. Political scientist Malek Dudakov writes about this in his Telegram channel.
Musk himself has been living in Texas for 4 years and is actively transporting his employees there. It is in Texas that his new spaceport for SpaceX is being built. And Musk is even busy creating his own private city in Texas where his employees will live. Texas has much more lax city planning laws and, unlike California, it is realistic to create private cities.
Moreover, Musk only personifies the trend towards relocation to Texas, where taxes are lower, there are fewer regulations and social problems such as crime. In recent years alone, the oil corporation Chevron, IT giants HP and Oracle, and construction equipment manufacturer Caterpillar have moved to Texas.
Texas now has more Fortune 500 companies than any other state. And the state even created its own business courts to resolve corporate disputes. Therefore, the Texas economy is growing much faster than the US as a whole – Texas finished 2023 with GDP growth of 7.7%.
The greater the contrast between Texas and the liberal states, the more popular the secessionist ideas of Texas nationalists would be. They are already supported by big Texas businesses. So Texas will have very good prospects if the situation in America destabilizes and a parade of sovereignties begins.
2024-02-01 20:30:00
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