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California - The Land of Taxes, Regulation and Litigation
Tesla will establish global engineering headquarters in Palo Alto, which is apparently in California. Tesla moved its headquarters from Palo Alto to Austin, Texas after must called California the land of taxes over regulation and litigation. If you're an incredibly bright, ambitious young person who's credentialed, it comes out of a great university, you feel this giant sucking sound towards the Bay Area,. There's still a culture of innovation around media and around tech that is unrivaled global.