they're opening offices in
austin, texas, chicago,
minneapolis-st. paul.
they are looking for all those
people.
they're are people in silicon
valley, seattle, moving to
new york.
they left the valley, moved to
new york to stay with the
companies they were already at.
stuart: tax is very similar.
california is very high-taxed
state.
new york city is very high-taxed
city.
not exactly a tradeoff.
just exactly the same thing.
that is about right, isn't it?
>> right.
right.
10, 15 years ago, my goodness
new york is highly taxed,
silicon valley, seattle, they
have a lot of taxes as well.
new york is desperate.
you remember the silicon alley
push, 10, 15 years ago, not just
seen as media city, not just
bringing other industries
high-tech there.
new york tried hard to bring the
companies there.
stuart: we talk to you about
tesla.
we'll do that today.
they have named robin denham, as
the company's new chair.
will replace the ceo.