? [Updated w/ livestream event] Tesla announces Global Engineering HQ in Palo Alto California

[Old Spice]

Here's the livestream event:




https://www.reuters.com/business/au...lifornia-engineering-headquarters-2023-02-22/

Tesla to base engineering headquarters in California

SAN FRANCISCO, Feb 22 (Reuters) - Electric-vehicle maker Tesla Inc (TSLA.O) will make its global engineering headquarters in California, Chief Executive Elon Musk and the state's governor, Gavin Newsom, announced on Wednesday.

Tesla in December 2021 moved its corporate headquarters from Silicon Valley’s Palo Alto, California, to Austin, Texas, where it is operating a new car factory, and billionaire Musk himself moved from Los Angeles to the Lone Star State, which does not have state income tax.

Democratic-controlled California and Republican-led Texas are political and business rivals. California has more electric vehicles than any state and provided Tesla with tax incentives as it grew, while Texas is known for relatively light regulation.

The company's first factory was in California and many engineers remain in the state, a global hub for technology. The EV maker's factory in the San Francisco Bay Area city of Fremont will produce more than 600,000 vehicles this year, Musk said.

Tesla's new engineering headquarters will be in a former Hewlett Packard building in Palo Alto. "This is a poetic transition from the company that founded Silicon Valley to Tesla," Musk said.

"Given that the Bay Area in California is home to many leading tech companies, it makes sense for Tesla’s engineering headquarters to be located there as a way to attract top talent," said Seth Goldstein, an analyst at Morningstar.

 

[Cybertruckee]

Tesla to base engineering headquarters in California

Confirmed with Cybertruck beta sightings are in California while mass production is still set in Texas.

Semis are now also slated to be produced in Giga Nevada.

 

[Ogre]

So much for Tesla leaving California.

This is mostly taking over more space in Silicon Valley. They are taking a bunch of the HP space which was adjacent to their old location.

Big focus here is AI, FSD, and robotics. It’s a good location for attracting developer talent. Not a ton of Bay Area folks lining up to go to Austin.

Not sure why Newsom is involved here.

 

[Friday]

That building was part of my life for quite a while. I wonder if the Japanese Garden is still there.

 

[Old Spice]

Here's the livestream event starting now!

 

[FutureBoy]

When I hear Elon say "Woah!" I'm immediately imaging Neo in my head.

"I know Kung Fu."

 

[happy intruder]

Here's the livestream event:




https://www.reuters.com/business/au...lifornia-engineering-headquarters-2023-02-22/

Tesla to base engineering headquarters in California

SAN FRANCISCO, Feb 22 (Reuters) - Electric-vehicle maker Tesla Inc (TSLA.O) will make its global engineering headquarters in California, Chief Executive Elon Musk and the state's governor, Gavin Newsom, announced on Wednesday.

Tesla in December 2021 moved its corporate headquarters from Silicon Valley’s Palo Alto, California, to Austin, Texas, where it is operating a new car factory, and billionaire Musk himself moved from Los Angeles to the Lone Star State, which does not have state income tax.

Democratic-controlled California and Republican-led Texas are political and business rivals. California has more electric vehicles than any state and provided Tesla with tax incentives as it grew, while Texas is known for relatively light regulation.

The company's first factory was in California and many engineers remain in the state, a global hub for technology. The EV maker's factory in the San Francisco Bay Area city of Fremont will produce more than 600,000 vehicles this year, Musk said.

Tesla's new engineering headquarters will be in a former Hewlett Packard building in Palo Alto. "This is a poetic transition from the company that founded Silicon Valley to Tesla," Musk said.

"Given that the Bay Area in California is home to many leading tech companies, it makes sense for Tesla’s engineering headquarters to be located there as a way to attract top talent," said Seth Goldstein, an analyst at Morningstar.

did anyone really think all that talent and knowledge is going to leave California and big salaries to to go Austin Texas, with heat and cold.....I surely didn't....I knew this was coming

 

[JBee]

Elon specifically didn't want to label the only Engineering HQ, rather that it is one of their engineering HQ centers. Media seems to want to put words into his mouth.

He is diversifying and spreading facilities out to reduce risk, and enable a broader range of engineering in more than one location, as it is both economically and strategically a bad idea to have all your engineers and production in one basket, in one location or even continent, that can be impacted by regulation (incl. Tax, Covid etc) or natural impacts (earthquakes, storms, floods, fire) let alone that many people are unwilling to move location because of family and cultural ties to a location. Sometimes you have to go where the resources are, even human resources.

Hopefully he diversifies even more and comes to Australia too. He just signed a supply contract with a Aussie firm.

 

[CyberGus]

Elon likes the Texas team well enough, but they kept trying to turn the frunk into a BBQ smoker

 

[CyberGus]

Here's the livestream event starting now!

Cyber bear?

 

[TheLastStarfighter]

Elon specifically didn't want to label the only Engineering HQ, rather that it is one of their engineering HQ centers. Media seems to want to put words into his mouth.

He is diversifying and spreading facilities out to reduce risk, and enable a broader range of engineering in more than one location, as it is both economically and strategically a bad idea to have all your engineers and production in one basket, in one location or even continent, that can be impacted by regulation (incl. Tax, Covid etc) or natural impacts (earthquakes, storms, floods, fire) let alone that many people are unwilling to move location because of family and cultural ties to a location. Sometimes you have to go where the resources are, even human resources.

Hopefully he diversifies even more and comes to Australia too. He just signed a supply contract with a Aussie firm.

He literally called it the Global Engineering HQ.

 

[JBee]

He literally called it the Global Engineering HQ.

This is what EM said in one interview that I watched before the event, when I posted.

 

[charliemagpie]

If Self driving is on its way already. And if we have a robotics team already, and engineers engineering cars.

That ex HP building sure looks like it can hold a lot more AI and engineering people.

Speaking to my wife, I just referred to that building as the chicken ' a lot of eggs coming out of there!'

$TSLA

 

[Friday]

I just referred to that building as the chicken ' a lot of eggs coming out of there!'

The amount of engineering IQ that building complex has held over the years is staggering. HP was a big brain juggernaut in its prime. The fact that Tesla engineering is now resident there just feels right, an aura.

Too bad the HP I am referring to ceased to exist years and years ago and the current iterations are on life support and sad MBA ridden entities with no hope to innovate anything anymore.

The King(HP) is Dead, Long live the King(Tesla).

 

[WHIZZARD OF OZ]

If Self driving is on its way already. And if we have a robotics team already, and engineers engineering cars.

That ex HP building sure looks like it can hold a lot more AI and engineering people.

Speaking to my wife, I just referred to that building as the chicken ' a lot of eggs coming out of there!'

$TSLA

So in this _EGGSAMPLE_ The Hen Palace (HP) came first.
Knowing what we now see, l believe California will be the FIRST Tesla ROBOTAXI State, giving Elon the GREENLIGHT, and begin to unleash THE FLEET. And l'm staying with a date as late as December 31, 2023, even though l've read today Tesla is focused on 2024 for FSD without driver.