Massive Car Recall + Italian Restaurant Closures + CA Business News

CALIFORNIA —From serious safety concerns leading to the recall of 1.8 million Tesla vehicles to Kanye West's stripped home selling for $34 million, a lot is going on in California business news this week.

This week Chevron was added to the list of major companies leaving the Golden State. Despite Elon Musk announcing SpaceX would leave California, he recently announced he would be moving its spacecraft splashdowns from Florida to one Southern California city.

Buca di Beppo shut down 20 percent of its restaurants, including one California location serving locals for 25 years.

Check out the highlights of this week in California business news on Patch:

Chevron Moving From California To Texas: Reports

The move likely comes after California sued Chevron and other oil companies for allegedly misrepresenting the risks of fossil fuels.

Buca di Beppo Closes 20 Percent Of Its Restaurants Including CA Location

The restaurant shuttered after 25 years as part of a nationwide wave of closings.

Tesla Recalls 1.8 Million Vehicles Due To Safety Concern

Tesla is recalling more than 1.8 million vehicles over concerns that their hoods could open on the road, blocking drivers' views, according to authorities.

Kanye West Sells Gutted Malibu Home For $39M: Report

Kanye West stripped bare his architectural masterpiece of a home, leaving it exposed to the elements and West embroiled in legal troubles.

That Delivery Burrito Came From Denny's

Denny's is seizing on an advantage partly created by the new $20 fast food minimum wage to expand its online burrito empire.

Quote Of The Week

"We're proud of California's place as the leading creator of clean energy jobs — a critical part of our diverse, innovative, and vibrant economy," Gov. Gavin Newsom's spokesperson Alex Stack said of Chevron moving its headquarters to Texas, while the Lone Star State Governor tweeted. "Welcome home Chevron! Texas is your true home. Drill baby drill."

The Bottom Line

• Despite previously announcing that he would be moving his companies out of California, Elon Musk recently decided to move some operations from Florida to the Golden State.
• Many banks are offering grants, training and mentorship to small business owners in California.
• A historic coffee brand that survived multiple world wars filed for bankruptcy, citing struggles to recover following the COVID-19 Pandemic.

Freebie of the Week

Families across the Golden State are getting ready to head back to school. Here are some school supply giveaways in your area:

• Los Angeles
• LA and Inland Empire
• San Diego
• Bay Area
• Orange County

More restaurant news:

• DoorDash Sees Record Orders And Revenue As Restaurant Traffic Slows
• Sales Slump Forces McDonald's To Rethink Pricing: Drive-Thru Diary
• Sprouts Farmers Market Opens New South Bay Grocery Store

More business news:

• Free Child Health Screenings; Low-Cost Vaccines At CA Walmart Stores
• Intel To Lay Off 15,000 workers
• Apple Breaks Out Of Recent Sales Slump
• Why Many Nonprofit (Wink, Wink) Hospitals Are Rolling In Money
• California Speeds Up Indoor Heat Protections Amid Sweltering Summer Weather
• City Center Banners Honor Lawrence Livermore Fusion Discovery
• Kidtopia Indoor Kids Play Zone Coming To Danville