Elon Musk receives Bill Ackman proposal for new Tesla headquarters
Ackman wants Musk to consider setting up shop in one of his "master-planned" communities
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As Tesla CEO Elon Musk publicly debates whether to relocate the automaker’s headquarters from California, activist investor Bill Ackman offered the entrepreneur an alternative proposal.
In a tweet to Musk on Thursday, Ackman said Musk should consider teaming up with the Howard Hughes Corporation, which develops and operates “master-planned” communities, to create a new headquarters.
He specifically pointed Musk to a community in Las Vegas, which would be close to the company’s Nevada Gigafactory.
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Ackman is chair of the board at the Howard Hughes Corp.
A Tesla spokesperson did not return FOX Business’ request for comment on Ackman’s proposal.
The communities include housing for residents, parks, public and private schools, houses of worship, shopping centers, medical facilities and business operations.
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Meanwhile, Musk has been feuding with California over restrictions that initially left him unable to reopen his plant in Alameda County, although county officials ultimately agreed to let some operations resume. The disagreement caused him to threaten to relocate Tesla’s headquarters to Nevada or Texas.
Tesla's production workers are reportedly returning to work Friday at Tesla's Alameda County location.
Musk, who has been openly critical of national lockdown policies, dropped a lawsuit against the county this week.