Thu. Oct 28th, 2021

Austin prides itself on “keeping it weird,” but the city’s success at luring more big companies such as Tesla has some residents wary of getting priced out of their unique culture. Tesla’s CEO, Elon Musk, said on Thursday the electric-car maker will move its headquarters from Palo Alto, Calif., to Austin, Texas. Housing prices in the Austin metro area have skyrocketed in recent years,…

Author: Reuters
Source: https://nypost.com/2021/10/11/austin-residents-worry-tesla-relocation-to-texas-could-price-them-out-of-housing/

By Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *