Business
April 26, 2024
Texas Attracted California Techies. Now It’s Losing Thousands of Them.
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.
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.
Attracting so many tech companies and workers from California isn’t going to transform the city into another San Francisco—for both the better and worse.
The founder of Tesla and SpaceX says he’s relocating to the Lone Star State. But which of our tech hubs is the best fit for the eccentric billionaire?