Since Elon Musk moved to Texas in 2020, he has ramped up business activity in the Lone Star State. Many of Musk’s companies have offices or operational centers in the Austin area.
Kara Carlson, who covers the tech sector for the Austin American-Statesman, said Musk has a number of other companies with sites in Central Texas. Carlson said Musk is adding lots of new jobs to the Texas economy — Tesla aims to have 10,000 workers at their Austin site by the end of this year. Some of these workers are moving to the area, which also impacts the housing market in Austin. Unlike other workplaces in the post-pandemic world, Carlson said Musk requires staff to be in state and onsite for work.
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