From what I have seen there is a net + emigration from California vs domestic immigration. The only reason our population goes up is from foreign immigrants.
There a countless structural reasons why you can not move a company from California once it is established. But companies will choose to open their next data center, or their next restaurant, or their next consulting firm somewhere else. Once you have employees, you can not ship all of their jobs somewhere else directly. You can choose where you reinvest your profits and it is increasingly not here. See our unemployment rate vs. the national average if you have any more doubts.
