Myles McCormick, the Financial Times' Houston correspondent, dives into why numerous companies have migrated to Texas, drawn by low taxes and regulatory freedom. He discusses the impact of this influx, spotlighting giants like Tesla and HP. However, Myles warns of rising costs and infrastructure challenges that threaten this allure. The conversation also touches on how Texas’s conservative politics clash with corporate interests, raising questions about the long-term sustainability of its business-friendly image.