Elon Musk plans to move to Texas to save billions in tax: Reports
Tesla and SpaceX CEO Elon Musk is reportedly planning to leave California and shift to Texas, a state with no income tax, which would result in him saving billions of dollars. In May, Musk said he was selling his houses and listed his California properties too. Last month, Musk overtook Bill Gates to become the second-richest person in the world. 