Interesting article over at the California Political Review. Seems Mr. Musk will be building the Rocket Formerly Known As "BFR" at his existing site in Texas.
He canceled a lease with the Port of Los Angeles for a 19 acre parcel where he was going to build the rocket. And they've also laid off 10% of their workforce "to become a leaner company".
The article is loaded with links to other sources, and is pretty interesting.