Tesla Expanding Outside California
The editorial board of the Sacramento Bee seems not too happy that electric auto maker Tesla is opening a new factory elsewhere. Seems all the efforts by California to woo the automaker didn't work. Their new factory will open in Nevada, Arizona, New Mexico or....you guessed it, Texas!
Along that same line, with Occidental Petroleum moving it's headquarters from Los Angeles to Houston, that leaves only one oil major energy company headquartered in California: Chevron.
Hat tip to Richard Rider for the heads up on Occidental moving.