Austin cheers Tesla's headquarters move, but local home buyers left on edge

By Tina Bellon
The new Tesla factory is seen in Austin Texas U.S. October 8 2021. REUTERSTina Bellon

The new Tesla factory is seen in Austin, Texas, U.S. October 8, 2021. REUTERS/Tina Bellon

AUSTIN, Texas (Reuters) - Austin prides itself on "keeping it weird," but the city's success at luring more big companies such as Tesla Inc has some residents wary of getting priced out of their unique culture.

Tesla's CEO, Elon Musk, said on Thursday the electric car maker will move its headquarters https://www.reuters.com/business/autos-transportation/tesla-moving-headquarters-austin-texas-says-ceo-musk-2021-10-07 from Palo Alto, California, to Austin, Texas.

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