More Companies Join The ''Great Migration'' To Red States More Companies Join The ''Great Migration'' To Red States Authored by Kevin Stocklin via The Epoch Times (emphasis ours), Amidst predictions of a political “red wave” in the upcoming mid-term elections, an economic wave has been building for years with no end in sight as companies flood out of blue states and into red states. A giant cowboy hat is on display outside the Tesla Giga Texas manufacturing facility during the "Cyber Rodeo" grand opening party in Austin, Texas, on April 7, 2022. (Suzanne Cordeiro|AFP via Getty Images) And as a result of its political divisions, America appears to now be dividing itself into prosperous, high-growth states and states that are suffering a chronic decline. But Democrat-run states believe their abortion policies could be a key factor in attracting companies back. Caterpillar and Citadel , which in June announced their exit out of Illinois, are only the latest firms to leave high-tax, high-regulation states. Tesla, Hewlett Packard, Oracle , and Remingto n are also among the hundreds of companies flocking out of California, Illinois, New York, and New Jersey to business-friendly places like Texas, Florida, Arizona, and Tennessee.