# Numerous companies have left California in recent years to escape rising costs, extensive regulations and high taxes.

*fintech · news · 2026-04-09 · New York Post*

## Key points

- CBRE, the firm tracking California business departures, has itself relocated out of California.
- Chevron is ending its 145-year California presence by moving headquarters to Houston in August 2024.
- Elon Musk moved X and SpaceX out of California in July 2024 due to a new transgender law.
- Oracle shifted assets out of California ahead of a proposed billionaire tax and has since moved to Tennessee.
- Public Storage cited a new California senate bill regulating self-storage as a factor in its move to Texas.

**Companies:** Chevron, Tesla, SpaceX, Oracle, Charles Schwab, Public Storage, Hewlett Packard Enterprise, McKesson, Palantir, Blaze Pizza, John Paul Mitchell Systems, D-Wave Quantum Inc, Yamaha, Neutrogena
**Countries:** United States

[Read the full story on New York Post](https://nypost.com/2026/04/09/us-news/these-companies-have-shifted-their-headquarters-out-of-california/)

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