![]() It has relatively light business regulations, something he complained about in California. What is known from his comments is that Musk likes Texas for several reasons. The Wall Street Journal recently reported that Musk had purchased thousands of acres of land outside Austin to build a small new city where employees of his various companies can live for below-market rents. In 2021 Musk moved Tesla’s headquarters from Palo Alto to Austin, and this January the company started construction on a $375 million lithium refinery near Corpus Christi. His best-known company, Tesla, has a massive vehicle assembly plant just outside Austin. His company SpaceX has a rocket launch facility at Boca Chica on the very southern tip of the state and a rocket development facility near McGregor in central Texas. So far, Musk has returned the adoration with major investments in South Texas and in the Austin area. Some even enjoy his recent adventures in tweeting. The multibillionaire has the sort of larger-than-life personality and flare for the outrageous that sells well in Texas, with its history of larger-than-life cattle and oil empires - not that many Texans live that sort of life today, but they still admire it when they can watch from a safe distance. ![]() In this installment of State Tax Merry-Go-Round, Hamilton examines how Elon Musk and his companies have leveraged the potential location of factories and jobs to extract incentives from states. He is also a private consultant, advising on numerous state tax matters. Before that, Hamilton was the deputy comptroller for the Texas Office of the Comptroller of Public Accounts from 1990 until he retired in 2006. Greg Abbott ’s Strike Force on the Health and Human Services Commission to complete a management analysis of the agency. In 2015 Hamilton led Texas Republican Gov. Billy Hamilton is the deputy chancellor and CFO of the Texas A&M University System.
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