December 15, 2020
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Elon Musk said Tuesday that while SpaceX and Tesla maintain major operations in California today, he has personally moved to Texas.
“If a team has been winning for too long, they do tend to get a little complacent, a little entitled and then they don’t win the championship anymore. California has been winning for too long,” Musk said at the Wall Street Journal CEO Council summit, repeating an analogy he has used many times before to express his displeasure with California’s regulatory environment.
Musk, who has clashed with regulators in Fremont, California this year, and in Brandenburg, Germany this week, said he views government as “monopoly that cannot go bankrupt.” He also said, “regulations are immortal” and that government should think more about removing them not just making new rules.
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