Tesla chief executive Elon Musk said Thursday the company will be moving its headquarters from Palo Alto, California, to Austin, Texas, a decision coming in context of the tech billionaire’s turbulent relationship with California. “I’m excited to announce that we’re moving our headquarters to Austin, Texas,” Musk told the company’s annual meeting on Oct. 7, held in Tesla’s vehicle assembly plant that’s still under construction outside of Austin, Texas. Musk made it clear, however, that the move doesn’t mean Tesla’s winding down operations in California. “To be clear we will be continuing to expand our activities in California,” Musk said. “Our intention is to increase output from Fremont and Giga Nevada by 50 percent. If you go to our Fremont factory it’s jammed.” The Tesla chief added that high housing costs in California were squeezing Tesla’s ability to scale up in the Bay Area. Musk added that he expects it …