Tesla to expand presence in Palo Alto despite HQ move to Texas -source


FILE PHOTO: A row of Tesla Model S sedans are seen outside the company's headquarters in Palo Alto, California April 30, 2015. REUTERS/Elijah Nouvelage/File Photo

San Francisco (Reuters) - Tesla Inc has agreed to lease office space from HP Inc near the electric carmaker's current headquarters in Palo Alto, California, a person familiar with the matter told Reuters.

Tesla's expansion in Palo Alto came even after CEO Elon Musk announced last week that the company was moving its headquarters from Palo Alto, California to Austin, Texas.

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