Chevron's move from California to Texas is driven by competitiveness and industry proximity, not politics, according to CEO Mike Wirth. The shift consolidates operations in Houston, the energy capital of the world, where numerous energy-related companies are based.
The relocation from California to Texas reflects a trend, as other large companies like Oracle, SpaceX, and Tesla have moved to Texas for lower costs and taxes. Chevron's move signifies a broader exodus of corporations from California to Texas, led by business strategy considerations rather than politics.
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