More than a year after his outburst on Twitter about moving major operations out of Fremont, California, Tesla's CEO Musk has finally confirmed the move. However, his stance also softened with time. He announced that the Fremont factory will not only be retained but its production capacity will be enhanced by up to 50 percent, at the annual shareholder's meeting.

Last year, as the U.S. grappled with the COVID-19 pandemic and companies in California were ordered to keep operations shut, Musk took to Twitter to call the health officer of Alameda county, "ignorant" and said that he was acting against "Constitutional freedoms," before announcing that the company would move to Texas immediately.