Tesla’s headquarters will move to Austin • Hacker News Board

Re: Tesla’s headquarters will move to Austin

#361

Post by relativ575 » Fri, Oct 08, 2021, 1:58 AM UTC

almost_usual wrote: post #44

toomuchtodo wrote: post #15

Earlier quoted context omitted.

Symbolic move with some logistic practicality with Boca Chica and his 400 sq ft tiny house [1] being home base at Starbase. All signs point to Tesla continuing manufacturing at Fremont and they just opened a Megapack manufacturing facility in Lathrop, CA (hiring 1k-2k workers) [2]. The irony that "pro business, less regulation" Texas doesn't allow direct to consumer sales of Teslas. [1] https://www.architecturaldiges…

A 400 sq ft tiny house in Texas, mega mansion in Hillsborough (Bay Area). https://www.businessinsider.com/elon-musk-takes-last-remaini...

Of course he can buy as many properties as he wants, and I'm sure his family is more than well taken care of. The point is he is willing to live in a tiny house so that he can be close to his life project, and not just occasionally, he spends a lot of time at Boca Chica.

Re: Tesla’s headquarters will move to Austin

#362

Post by winkeyless » Fri, Oct 08, 2021, 1:58 AM UTC

gonehome wrote: post #288

etchalon wrote: post #141

Earlier quoted context omitted.

As someone who just bought a house in Austin this year, if the reason is "affordable housing", they're in for a world of hurt.

It's not even close - a crappy house on the peninsula is 1.7M, with the median closer to 2.5-3M. I mean, look at this: https://www.redfin.com/CA/Palo-Alto/3785-Park-Blvd-94306/hom... I think Austin is better about building too, meanwhile in the Bay Area they just rejected units desperately needed in the tenderloin because they might become a "tech dorm".

Yeah, Palo Alto is extraordinarily NIMBY.

A suburban area with single family houses + high paying jobs = exclusionary house prices

Re: Tesla’s headquarters will move to Austin

#363

Post by yebyen » Fri, Oct 08, 2021, 1:59 AM UTC

asdff wrote: post #227

panopticon wrote: post #89

Earlier quoted context omitted.

There are some really great public schools if you can afford to live near them, but that's certainly not true on net. Otherwise California wouldn't consistently rank among the bottom half of US states for public schooling.

It's really not the school that determines outcomes but the home life. You have a lot of kids in LAUSD who have no real role models at all in their lives and come home to terrible situations every day, which makes the school district look bad but its not really something the school district has any power to solve short of offering boarding school for at risk kids.

The Chetty study says it's not just the home life, it's the whole neighborhood. And whether the majority of families in the area are single-parent homes or not.

Source: Sandi Metz 2019 RubyConf "Lucky You"

but also: https://ifstudies.org/blog/the-family-geography-of-the-ameri...

Re: Tesla’s headquarters will move to Austin

#364

Post by guymcgwire » Fri, Oct 08, 2021, 1:59 AM UTC

Right now there are a total of 5 houses or townhouses under $2.5M listed for sale in Palo Alto with the cheapest being a cute 1200 sq ft 3BD/2BA house for the low price of $1.68M.

The Palo Alto/Los Altos/West Menlo Park areas have fought hard to prevent housing development (NIMBY!). Recently a small number of luxury homes were built in the Barron Park part of Palo Alto. The homes sold quickly for $4.5M and up. Meanwhile, on the same small street in Barron Park, there are currently five homeless people living out of their cars and three trailer homes. They use the adjacent park's open public bathroom.

I don't think the departure of Tesla HQ will have much of an impact on the town, which is a shame. Something bad is festering beneath the pristine surface here.

Re: Tesla’s headquarters will move to Austin

#365

Post by muzz » Fri, Oct 08, 2021, 2:00 AM UTC

pvarangot wrote: post #219

Apocryphon wrote: post #197

Earlier quoted context omitted.

Beyond housing, isn't traffic a problem? Lots of people will be commuting from Round Rock.

According to a friend that moved to Austin last year, yeah traffic is a problem but in downtown Austin in new buildings it's even worse. Sewage is a problem.

That sounds really bad. What are the specific problems with sewage there?

Re: Tesla’s headquarters will move to Austin

#366

Post by xvector » Fri, Oct 08, 2021, 2:00 AM UTC

danhak wrote: post #218

xvector wrote: post #195

Earlier quoted context omitted.

It's such a terrible state. Infested with ultrawide roads and zero walkability. Women don't have bodily autonomy - imagine trying to raise a daughter in such an environment. I'd hope that alone would deter engineers with families from the state. Not to mention the a worthless human being of a governor. Backwards politics and ideals. It's a joke of a state, everything wrong with America hyper-concentrated on steroids.…

There are many millions of people in the country that don't share your politics. Some of them are even engineers with families.

With the recent laws that have passed, engineers aren't exactly role models for their daughters - or good parents - if they willingly move to Texas.

I can't imagine being a daughter and having a parent that disregards your own bodily autonomy. And for what? Money?

Re: Tesla’s headquarters will move to Austin

#367

Post by [deleted] » Fri, Oct 08, 2021, 2:00 AM UTC

8note wrote: post #321

danhak wrote: post #218

Earlier quoted context omitted.

There are many millions of people in the country that don't share your politics. Some of them are even engineers with families.

I don't know which people like sitting in traffic. Wide roads is a sign of sitting in traffic. Family wise though, moving to Texas is bad for half the members of your family. Half the people in your family, aren't going to agree with the Texas government's views, whether you want to force them to or not.

[deleted]

Re: Tesla’s headquarters will move to Austin

#368

Post by jtsiskin » Fri, Oct 08, 2021, 2:00 AM UTC

darawk wrote: post #192

random314 wrote: post #176

Earlier quoted context omitted.

Musk had billions of dollars in performance based stocks vesting over these years. The simplest reason for moving is avoiding billions of dollars in California state income taxes.

No it isn't. CA will still try to tax those shares if and when he decides to liquidate them. However, Musk does not ever need to liquidate any shares. If he never wants to pay any tax, all he has to do is buy a hedge against the shares (thereby locking in a particular price) and take out loans against the now hedged asset. And like magic, he's got all the cash he could ever need and zero capital gains.

…but how does he pay back those loans?

Re: Tesla’s headquarters will move to Austin

#369

Post by mullingitover » Fri, Oct 08, 2021, 2:00 AM UTC

robomartin wrote: post #207

colinmhayes wrote: post #72

Earlier quoted context omitted.

1. abortion 2. limiting voting rights Would have to think for more than a seconds to add more.

[flagged]

I really hate to get into this, but this:

> just ask the fetus

How are you going to get an answer from something that doesn't have brain activity? Restrictions on abortion at the point where there's significant brain activity are already allowed by Roe v. Wade.

> I just think it is perfectly reasonable to think that an abortion might be wrong beyond a certain threshold.

Please educate yourself on the actual Roe v. Wade decision. This reasoning is in fact already baked into the decision, restrictions on abortion are allowed but must be in line with the stage of the pregnancy. The states where this freedom for women is under attack constantly try to lower the bar from the reasonable threshold of viability to the more radical religious position that something vaguely human-shaped is a legal person.

Re: Tesla’s headquarters will move to Austin

#370

Post by [deleted] » Fri, Oct 08, 2021, 2:01 AM UTC

xvector wrote: post #366

danhak wrote: post #218

Earlier quoted context omitted.

There are many millions of people in the country that don't share your politics. Some of them are even engineers with families.

With the recent laws that have passed, engineers aren't exactly role models for their daughters - or good parents - if they willingly move to Texas. I can't imagine being a daughter and having a parent that disregards your own bodily autonomy. And for what? Money?

[deleted]