From Elon Musk to Oracle — the coronavirus accelerates California exodus

The coronavirus is accelerating a significant tech exodus out of California, with Oracle (ORCL) announcing Friday that it has moved its headquarters from Redwood City to Austin, Texas. The move came just days after Tesla (TSLA) CEO Elon Musk announced he’d be moving from Los Angeles to Austin.

Other tech giants that have recently left California include Silicon Valley pioneer Hewlett-Packard Enterprise (HPE) and newly public software giant Palantir (PLTR).

The coronavirus pandemic and the…


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