Elon Musk announced Tuesday that he will relocate the headquarters of X and SpaceX to Texas, a move that represents his ever-increasing disdain for the state of California and its leftist policies.
The announcement came just a day after Gov. Gavin Newsom (D-CA) signed a law that prevents teachers from being required to inform parents about a student’s gender identification. Dubbed the “Support Academic Futures and Educators for Today’s Youth Act,” the legislation prohibits districts from enforcing “parental notification policies” or “outing policies.” Critics of the law have rightfully claimed that it infringes upon parental rights and puts too much power in the hands of the state.
Musk cited the law directly in a post on X, claiming that “this is the final straw.” He also wrote that he had made “it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children.”
Though abolishing these parental notification policies most directly affects young students and their parents, Musk is right to reference the impact that far-left policies have on corporations. In reference to the X headquarters moving to Texas, Musk also wrote that he has “had enough of dodging gangs of violent drug addicts just to get in and out of the building.”
Incentives abound as they pertain to large companies leaving California and escaping Newsom’s overzealous policy positions. Setting aside crime, rampant drug usage, and parents being left in the dark regarding their child’s gender, Texas has no state income tax or capital gains tax. High earners such as Musk and other top employees have little reason to remain in a hawkish state that pairs high taxes with absurd, pro-crime policies.
The controversial billionaire also has criticized the state’s tendency to overregulate. During a virtual appearance at the All-In conference in 2022, Musk said there are “so many regulatory agencies and so many litigators in California that want to stop you from doing anything.” Tangential to this comment was his decision to move the headquarters of Tesla from Palo Alto, California, to Austin, Texas, during the highly restrictive lockdown policies of 2020.
California and Newsom have collectively become infamous for their adoption of questionable, leftist legislation.
Proposition 47 is a policy that was passed in 2014 that categorized thefts under $950 as misdemeanors. Newsom and other legislators recently proposed a ballot measure that would reform the law, but the damage of this soft-on-crime policy has already been done.
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A 2023 report from the National Retail Federation found that $112 billion of losses were suffered due to theft in 2022. It shouldn’t be a surprise, then, that so many stores now lock up their merchandise in glass showcases.
Though so much of the narrative surrounding the far Left’s nonsensical policies involves culture war issues, corporations find themselves caught up in the controversies as well. Smart businessmen such as Musk are ripe to abandon California as it continues to self-implode by actively incentivizing such relocations.
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