Tesla, Charles Schwab — and now Chevron. Texas is having a moment as companies leave California.

• A stampede of big corporations has left California for Texas, the latest being oil company Chevron.

• Tesla, Charles Schwab and Oracle have already moved from the Golden State to the Lone Star State.

• Texas advocates say low taxes and loose regulations attract businesses.

The wave of companies leaving California and moving to Texas is becoming a full-blown stampede.

Chevron, which has been based in California since 1879, when it began as Pacific Coast Oil Company, is the newest.

The oil company was sued by its home state late last year, accusing ...