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Tesla’s Move to Texas Could Save Staff — Particularly Its Billionaire CEO — More in Taxes Than the Company

Personal Taxes, Affordable Housing Are Key Benefits for California-to-Texas Relocations
Tesla said it plans to move its headquarters to Austin, Texas. (Getty Images)
Tesla said it plans to move its headquarters to Austin, Texas. (Getty Images)

When Tesla relocates its headquarters from California to Texas, it will be one of the biggest of at least seven Fortune 500 companies to do so in the past few years. But when it comes to lower taxes in Texas, attorneys and relocation consultants say employees benefit more than the company.

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