<p class="ingestion featured-caption">Getty; BI</p><ul class="summary-list"><li>A stampede of big companies has left California for Texas — the latest is oil company Chevron.</li><li><a target="_blank" class href="https://www.businessinsider.com/tesla">Tesla</a>, Charles Schwab, and Oracle already moved from the Golden State to the Lone Star State.</li></ul><p>The rush of companies leaving California for Texas is becoming a downright stampede.</p><p><a target="_blank" class href="https://markets.businessinsider.com/news/stocks/chevron-announces-headquarters-relocation-leadership-changes-1033631393">Chevron</a>, which has called California home since 1879 when it began as the Pacific Coast Oil Company, is the latest. </p><p>The oil company had been sued by its home state late last year. California accused Chevron and other energy giants of downplaying the risks of fossil fuels.</p><p>But Texas has no such qualms — with Gov. Greg Abbott <a target="_blank" class href="https://x.com/gregabbott_tx/status/1819358480634884607?s=46">tweeting</a> on Friday, "WELCOME HOME Chevron! Texas is your true home."</p><p>Just in case there was any confusion, he added: "Drill baby drill."</p><p>Chevron joins a raft of other companies that have pulled up stakes in California and left for Texas, which had 52 Fortune 500 companies in 2024.</p><p>Global real estate company CBRE — which itself moved in 2020 from Los Angeles to Dallas — <a target="_blank" class href="https://www.cbre.com/insights/local-response/the-shifting-landscape-of-headquarters-change-among-the-fortune-500">said</a> eight Fortune 500 companies pulled their headquarters out of California from 2018 through 2023. And 10 moved to Texas.</p><p>Still, it's important to note that California is no slouch. It's, of course, the cradle of tech in Silicon Valley and is home to <a target="_blank" href="https://www.businessinsider.com/apple">Apple</a>, Alphabet, Meta, and Nvidia. And it had 55 Fortune 500 companies in the <a target="_blank" class href="https://fortune.com/ranking/fortune500/search/?statename=California">magazine's</a> latest tally.</p><p>But it's time to subtract one from that list: Chevron, headquartered in San Ramon, was No. 15.</p><p>Indeed, Texas seems to be having a moment right now. Here are some of the other biggest companies that have already moved to the Lone Star State.</p>