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The “Texas Miracle” loses some of its magic as Oracle announces it’s moving its new HQ out of Austin and Tesla lays off nearly 2,700 workers.
But are they all moving back to California?
Last I heard was most are going to Nashville which has absolutely terrible traffic and infrastructure, soaring land costs and pushing 100 degrees, arming teachers, arresting folks for DUI even if you’ve not had a drink. Weather has absolutely nothing to do with any of the decisions because the CEOs don’t go to the office. It’s all about the latest city tax break.
It’s weird that people are talking this up like anything Texas has done would cause this. The people in charge don’t give a shit about you, they don’t give a shit about you living in 110 degrees weather, and they certainly don’t give a shit if you die because of a pregnancy complication.