Texas Gives Billionaires Millions to Move Their Businesses and Pollute, and Then the Tech Companies Move and Fire

The state of Texas is an inclement cesspool and worsening. Whether it’s Austin, Bastrop, or Boca Chica, Musk is making a mess. He’s messed with Texas, and the State loves it. The Texas government gives billionaires such as Musk and Ellison hundreds of millions of dollars to move their businesses to Texas, and the businesses pollute, move-on, and or fire their employees. It’s the same old story for Texas, and they just keep doing it.

Whether it’s Lady Bird Lake in Austin, where Oracle was headquartered for a couple of years and polluted it, Tesla near Austin that is polluting the area, Tesla/Boring Co in Bastrop that is polluting it, or Boca Chica that is being polluted by SpaceX, billionaires are being given hundreds of millions of taxpayer dollars to pollute, move-on, and fire at will the workers that the Texans paid for. Oracle’s boss, the Zionist Larry Ellison, uses the Texas-give-away money to fund Israel’s genocide and Netanyahu himself. And what’s the result, Austin, Texas is collapsing and the businesses are leaving. Meanwhile, all the money spent on billionaires leaves the schools in Texas without the funding they need – funding is dropping bigly.

So bad is education in Texas, Musk had to move his headquarters back to California from Texas, in what is described as it’s “co-headquarters” and reestablish Tesla’s engineering center in Palo Alto, CA. Tesla’s largest footprint remains in California, where it has more than 47,000 employees. The headquarters will add to Tesla’s hardware and software engineering facility in Palo Alto, its auto plant in Fremont, its development and testing facility in San Diego, Design Studio in Hawthorne, and its Megapack production facility in Lathrop. You won’t hear Greg Abbott talking about this, telling his taxpayers that he spent their money in a give away to a billionaire, who took the money and ran.

In December 2023, following one of Austin’s miserably hot summer (110 deg F for about 3 months straight), TechCrunch wrote that start-ups were fleeing the city, which was “losing its luster.” Many of the Californians who moved to the hell-hole during the pandemic realized they had traded paradise for a polluted regressive city where Trump-loving Greg Abbott, Matthew McConaughey, and Alex Jones reside, and they moved back for higher incomes on the beautiful Pacific Coast. Despite conservative-corporate media’s hype, Texas never approached what California has. Texas may compete at the level of Florida and Colorado, but that’s nowhere close to CA or NY. That was reflected in the tech industry’s VC financials. Venture capitalists invested $6.75 billion in Austin start-ups in 2021 (in San Diego County alone, startups raised $9.6 billion, but progressive California cities don’t receive the conservative corporate hype), but in 2023 they invested only $3.8 billion. Funding also fell in the Silicon Valley amid an industry-wide crunch, but the Bay Area remained king by far, with companies there raising more than $60 billion in investment in 2023. Combine that with the huge tech scenes in San Diego, Los Angeles, Berkeley-Oakland, and Sacramento, and California is orders of magnitude above what Texas has.

Oracle’s decision to move its HQ out of Texas after less than four years is a reminder that global companies will use taxpayers dollars in Texas and Tennessee and then move-on to greener pastures when the green means taxpayer give aways in another state. And when they’re done, the pasture looks like the mess at Austin’s Tesla gigafactory. Austin is decaying. Unless you like horrible weather, fetid lakes and rivers, a mediocre tech scene, and unhealthy salty-sweet fatty meat with cancer-causing nitrosamines at every meal, your won’t stay long in Austin.

Published by Dr. Greg Maguire, Ph.D.

Dr. Maguire, a Fulbright-Fogarty Fellow at the National Institutes of Health, is a scientist, innovator, teacher, healthcare professional. He has over 100 publications and numerous patents. His book, "Adult Stem Cell Released Molecules: A Paradigm Shift To Systems Therapeutics" was published by Nova Science Publishers in 2018.

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