fintech / news / / New York Post
Numerous companies have left California in recent years to escape rising costs, extensive regulations and high taxes.
CBRE, the firm tracking California business departures, has itself relocated out of California.
KEY POINTS
- 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
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