There are reasons for it. Companies wouldn’t pay exponential salary for no reason. Tesla HQ move has nothing change on their R&D team, if they want cutting edge work pushing the boundary, they still need to have these high paying engineers from major tech hub like Bay area or Seattle.
Is it common for high tech companies is to have headquarter outside and have a R&D unit in Bay Area? I know Ireland used to be a nice place to have some R&D for several american companies.
I think it’s more of having engineering hub where the talent is. Like Seattle and Toronto have engineering hub mainly for machine learning engineers talent pool. Doesn’t matter where the HQ of those companies. A lot of Bay area company have major engineering hub since they can’t find enough talent in Bay area, too much competition here.
Yes
Fun article on Rivian:
Bloomberg: Rivian’s Long, Messy Road to Its First Electric Truck
Tesla 
is dead to me. I am rooting for CA-based Rivian. Expected IPO market cap: 80B.
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Part 2
Rivian’s Electric Truck Gets All the Attention, But Its Fate Is Tied to Amazon
For founder R.J. Scaringe, a 2019 endorsement from Jeff Bezos opened doors that even Elon Musk couldn’t in the early days of Tesla.
Redwood City-based
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I don’t know what will happen but here’s what Gene Munster says.
Check @4:50
Does this mean California will become like one of those socialist countries that produce tons of highly educated engineers, Doctors, scientists, PhDs , technicians but no jobs for them. After all how much effort does it take to give a degree, if you admit without SAT or Grades requirements?.
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California imports the doctors, engineers and PhDs. they come for the sun, stay for the hustle
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Most of the Engineers, doctors, PhDs come for a livelihood. Sun and Sand is the least important option for some of the ones that I know.
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I think many come for the hustle. And after they made it, stay for the sun.
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.
Those staying in BA would be CEPed.
CEPed??
(Career ending point)ed. No more promotion and would be replaced through time by Austinites.
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SF-based
.
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Chico, Ca-based.
Online Boutique Lulu’s Files for IPO Disclosing Sales Growth
Lulu’s Fashion Lounge Holdings Inc., an online retailer focused on women’s apparel, filed for an initial public offering, disclosing a turn to profitability during the coronavirus pandemic.
The company in its filing Tuesday with the U.S. Securities and Exchange Commission listed the size of the offering as $100 million, a placeholder that will change when terms of the share sale are set. Backed by H.I.G. Capital, Lulu’s could have a value of $1 billion in an IPO, Bloomberg News reported in July.
El Segundo-based
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San Mateo-based
SF-based
.
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Sun is important. If you’re only going to be outside 5 hours a week, they might as well have awesome weather 