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100% predictable. They'll eventually move factories there as well, at least the ones where there are a lot of employees. CA is downright abusive to businesses.
by m0zg 5y ago
100% predictable. They'll eventually move factories there as well, at least the ones where there are a lot of employees. CA is downright abusive to businesses. Only the highest margin Silicon Valley style businesses (which Tesla isn't) can survive in such a hostile regime, and only out of necessity - because that's where talent happens to live. As talent distributes more and more and companies move out, CA will run out of other people's money. Happens every time. That's why they're planning a wealth tax which you'll continue to pay for 10 years after you move out.