3 ms·
Agreed. But a reminder that if tesla leaves it follows a long list of very large companies that have left California in the past few years, Bechtel, Toyota US,
by subsubzero 6y ago
Agreed. But a reminder that if tesla leaves it follows a long list of very large companies that have left California in the past few years, Bechtel, Toyota US, Chevron, Carls Jr, Jamba Juice, Numira Bio, Nestle US, Jacobs Engineering etc..
- luckydata 6y agoand it has mattered zero.
- crazygringo 6y agoThat's no indictment of California, though. As companies become larger and more profitable, as a general rule they move as much of their workforce as possible to lower-wage locations, whether less expensive states or less expensive countries. Business in California is booming, which is precisely what drives wages up. Companies leaving allows other new vibrant businesses to hire the old workers. The state isn't losing out at all. Compared with other countries, California by itself would have the 5th highest GDP in the world. It's a roaring success.
- koheripbal 6y agoThis is exactly why businesses should leave - they aren't wanted.
- refurb 6y agoThat's an interesting take on things. I would say that California has a strong economy in spite of it's government. Not because of it.
- Barrin92 6y agoAnd yet California's economy is larger than the bottom half of US states combined and the fifth-largest economy in the world if it was a sovereign country.