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David Neumark: Are Company Headquarters Leaving California?

Summary by Hoover Institution
Hoover Institution fellow David Neumark notes that high-profile companies like Tesla and Chevron have moved their headquarters out of California, making headlines and raising concerns about the state’s economic future. Neumark discusses findings from a new report that examines trends in headquarter relocations and the implications for jobs and understanding California’s business climate.

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Hoover Institution broke the news in on Thursday, July 3, 2025.
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