Austin 'welcoming' Tesla after California exit, mayor says
Tesla CEO Elon Musk announces Austin, Texas as new home for company’s headquarters
Mayor Steve Adler tells FOX Business' Ashley Webster that Austin is a very 'entrepreneurial, creative, innovative city' during an appearance on 'Varney & Co.'
Austin Mayor Steve Adler discussed the cities' "welcoming" charm as tech companies, such as Tesla, make the big move to the Lone Star State. Adler explained why the city will be better equipped to handle challenges as more companies consider moving.
MAYOR STEVE ADLER: It is certainly true that Austin is a progressive city and a pretty conservative state… but I really think that the reason people come to Austin right now is because it's a welcoming city. It's a very entrepreneurial, creative, innovative city. It has the workforce, a trained workforce. It has the education levels. It has a lot of things that are… attractive.
TESLA'S ELON MUSK SUGGESTS TEXAS HQ MOVE INSPIRED BY TWEET FROM CALIFORNIA DEMOCRAT
Some of the reasons why Tesla left California Elon Musk said was because housing costs are so high. Well, housing costs are rising in Austin. Our hope is, is that players like Tesla are going to help us bring in the housing as part of their movement into the city. And I think that if we use the power we have right now to attract the kind of companies that are coming in, that also gives us the potential and hope to be able to better deal with the challenges that we have.
WATCH THE FULL INTERVIEW BELOW:
Austin Mayor Steve Adler on Tesla moving its headquarters to the city, why it’s a ‘desirable place’ and his meeting with Elon Musk.