You can move model text to a new location on the same work plane, to a new work plane, or to a new host.

To move model text to a new location on the same work plane
- In the drawing area, select the model text.
- Drag the model text to a new location.
To move model text to a new host
- In the drawing area, select the model text.
- Click Modify | Generic Models tab
Work Plane panel
Pick New.
See Move a Work Plane-Based or Face-Based Element to a Different Host.
To move model text to a new work plane