Hyperdrive
Tesla Sets Up California Base in Walk Back From Musk’s Bashing
- Former HP home becomes carmaker’s engineering headquarters
- CEO called state complacent and chided taxation, regulation
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Tesla Inc. will set up its global engineering headquarters in California in a sign of renewed cooperation between the electric-vehicle company and the EV-friendly state that Elon Musk scorned the last several years.
The carmaker is moving into the former headquarters of HP Inc. in Palo Alto, Musk announced alongside California Governor Gavin Newsom. Tesla expects 1,400 employees to work at the Hanover Street location, according to the city. The company has hundreds of Palo Alto engineering job openings listed on its website.