Is Texas Becoming The New California

Teslas gigafactory and Apples secondlargest campus arent the only big businesses coming to Texas. From Oracle to Hewlett Packard Enterprise, Elon Musk to Joe Rogan, Texas has lured an increasing number of big businesses and billionaires away from California since the pandemic began. While Californias population and job growth both slowed to a trickle, Texas added more residents than any other state in 2020. CNBC talks to those moving and longtime Texans about the reasons behind the trend and what it could mean for the future of the Lone Star State. Subscribe to CNBC: Subscribe to CNBC TV: Subscribe to CNBC Classic: About CNBC: From Wall Street to Main Street to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online