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Y Combinator's Garry Tan Criticizes California Economy Days After David Sacks Urges Austin Expansion Amid Tax Concerns - Tesla (NASDAQ:TSLA)

Summary by Benzinga
Garry Tan, President and CEO of Y Combinator, criticized California's economic conditions just days after venture capitalist and White House AI and crypto czar David Sacks suggested that the accelerator open an office in Austin to reduce its exposure to the state's rising fiscal and political pressures. "California has the nation's highest unemployment rate, its highest homeless population, its highest median housing prices, and its highest gas…

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Benzinga broke the news in New York, United States on Wednesday, January 14, 2026.
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