Tesla Announces Engineering HQ in Palo Alto
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 23 February 2023
⏱️ 9 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning. |
| 0:07.0 | Good morning. Today is Thursday, February 23rd, and I'm your host Julie Morgan. |
| 0:12.0 | Tesla announces a move back to Palo Alto for its engineering headquarters. |
| 0:17.0 | Invidia reported earnings. |
| 0:19.0 | California-based Chip Giant posted a beat on top and bottom lines for the fiscal fourth quarter. |
| 0:24.6 | The company CEO said AI is at an inflection point. |
| 0:28.8 | Today is crypto Thursday. |
| 0:30.8 | We're seeing BTC testing 25,000 a few times over the course of the last week. |
| 0:35.9 | Our weekly contributor Mike Fay from blockchain reaction on Seeking Alpha tells us what that means for the top coin. |
| 0:43.0 | We begin with Tesla. |
| 0:45.0 | Tesla CEO Elon Musk announced a move back to Palo Alto for its new engineering |
| 0:50.0 | headquarters. The announcement came on Wednesday in remarks |
| 0:54.0 | alongside California Governor Gavin Newsom, Musk acknowledged that the company |
| 0:58.4 | started in Palo Alto before moving its global headquarters to Austin, Texas. |
| 1:03.6 | Newsom added that California is keen to remain a key manufacturing hub in the world. |
| 1:09.1 | The new engineering hub will be based in the former headquarters of Hewlett-Packard. |
| 1:13.4 | According to CNBC, roles at the new office are slated to be focused in the fields of research, |
| 1:19.0 | development, and artificial intelligence. |
| 1:22.0 | Muscat previously suggested that California |
| 1:24.8 | takes the success of Silicon Valley for granted |
| 1:27.8 | prior to moving the company's headquarters to Texas. |
| 1:30.8 | He did not offer comment on his current opinion of the state's governance alongside Newsom. |
... |
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