Gavin Newsom Hails Apple's '50 Years Of Innovation' As Tesla, Chevron, McKesson Leave California

On Wednesday, Gov. Gavin Newsom (D-Calif.) praised Apple Inc. connected its 50th anniversary, highlighting the company's innovation and resilience arsenic different large corporations proceed to permission the state.

On April 1, 2026, Apple celebrated 50 years since Steve Jobs and Steve Wozniak launched the institution from a California store successful 1976.

"For 50 years, @Apple has embodied and exemplified the champion of California: ‘thinking different,' boldly innovating, and empowering radical to not lone dream, but do," Newsom said connected X.

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He added, "Thanks to innovators similar Apple, California is arrogant to beryllium the planetary person successful exertion and creativity."

— Governor Gavin Newsom (@CAgovernor) April 1, 2026

While Apple remains, galore high-profile companies person relocated implicit the years owed to precocious operating costs, strict regulations and concern limitations.

Tesla Inc. moved to Austin successful 2021, with CEO Elon Musk citing scaling challenges and disputes implicit pandemic restrictions.

Chevron Corp., with roots successful California since the 1870s, relocated to Houston successful 2024, pointing to policies that rise costs and make hardship for Californians.

McKesson near for Texas successful 2019 to amended ratio and collaboration.

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Other notable departures see Oracle Corp, Palantir Technologies, Charles Schwab, SpaceX and Playboy, galore seeking much business-friendly environments successful Texas, Florida, Tennessee, and beyond.

The departures item a increasing hostility betwixt the state's innovation bequest and its concern climate.

Several high-profile tech figures are scaling backmost their connections to California. Alphabet Inc.'s co-founder Sergey Brin besides reportedly pursuing successful the footsteps of Larry Page and different billionaires.

Meanwhile, David Sacks, who served arsenic the White House AI and crypto czar nether President Donald Trump and Palantir co-founder Peter Thiel person besides established caller offices extracurricular the state.