Monthly Archives October 2021

To Relocate Your Business in a Timely Way You Must Overcome Inertia, say CEOs

“A lot has been written and said about companies and people relocating from California to Texas, but I wanted to know what it was really like for a CEO who actually made the move.” — Robert Allen, President and CEO, Texas Economic Development Corp. Jim Lentz, the former CEO of Toyota Motor North America, relocated the company out of Torrance in Los Angeles County in 2014 and Brian Tyler, CEO of McKesson, arranged for the company to depart San Francisco in 2019, both for the Lone Star State. Some excerpts: Their companies eventually began looking for the right business and
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Kat Von D Leaving California for Indiana, Cites ‘tyrannical government overreach’

Katherine Von Drachenberg, the entertainer known as Kat Von D, is Leaving Los Angeles, according to her ‘Goodbye California!’ message on Instagram: “As some of you know, we recently purchased a beautiful home on a bit of land in rural Indiana, and the more time we spend out there we realize we feel more at home there than we do here in LA.” Many people and companies leave California without ever saying why, but this singer did, writing, “[W]ith all that has been taking place in California, with terrible policies, tyrannical government overreach, ridiculous taxing, amongst so many more corruption, we
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Leaving California: Elon Musk Moves To Texas And Takes Tesla With Him

“California not only lost Elon Musk, one of the most important innovators and entrepreneurs of the last two decades, but is now losing his Tesla headquarters to Austin, Texas. . . . With so many reasons for Elon Musk to stay, why did he leave? Because despite California’s generous subsidies, and Texas offering no such regulatory credit subsidies, Musk saw a future in California with declining profitability from business fundamentals and a state with policy makers who have a decided distaste for his lack of politically correct thinking.” That was written by Lee Ohanian, Senior Fellow of the Hoover Institution,
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