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Tesla is moving its headquarters from California to Texas

Tesla, the electric car company headed by CEO Elon Musk, is moving its headquarters from Palo Alto, California, to Austin, Texas. Musk cited housing affordability and commute issues as some of the reasons behind the move, CNN reports.

Here & Now‘s Scott Tong talks with Mike Regan, senior editor of Bloomberg News.

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.