Musk is a legal nitwit. He constantly sets up these false arguments as if.
He did this with the back and forth in buying X. He set up legal arguments and then backed down because it was crap he was discussing.
This from CNBC link
“I did make it clear to Governor Newsom about a year ago that laws of this nature would force families and companies to leave California to protect their children,” Musk said on X.
Musk is not reality based in any of his public comments. This is a purposeful excuse not to pay CA capital gains taxes.
Californians contemplating stock sales, sales of a company, a big lawsuit settlement and who face California’s 13.3% tax on capital gains may consider moving and then selling.
Texas has no personal income tax or capital gains tax ,
Only someone who is not very bright would be arguing about his daughter getting pregnant in a private school because Musk is talking about Trans people.