[quote=EconProf]Toyota has weighed the pros and cons of CA vs. Texas, and decided to leave. They undoubtedly based their decision on the vastly different costs of living in the two states, the taxes, utility costs, regulations, and “business friendly” comparison, and work ethic of the two different populations. Most of all, they have to be future-oriented, so they looked at the political trends of the two states and decided CA was getting worse in all of the above categories relative to Texas. We voters picked our government, now we are living with the results.[/quote]
Makes sense to me, Chevron is another company that either has left California or in process.
It’s largely the consequence of one party rule/tyranny.