Try to buy a Tesla in some states, and you may find yourself having to shop online. Texas and Arizona are among those that have banned direct sales of the electric vehicles. New Jersey may be next. Tesla intends to fight a ruling in the state that says it has to close its stores there by April 15.
These individual disputes could turn into bigger battles, as Tesla works on making cheaper, more mainstream models.
Tesla Motors determines where it will manufacture the massive batteries that power their cars, and Texas is in the final four. But many question whether or not Texas’ regulations keeping the company from creating dealerships that can sell directly to consumers will also keep the company from bringing the 6500 high-paying jobs that this factory—the "Gigafactory," as they call it-- would promise.
Despite some setbacks last legislative session, state Rep. Jason Villalba, R-Dallas, is hoping to persuade the owner of Tesla Motors to come to Texas for another business endeavor. While it might not be as sexy as being able to sell the luxury electric car, people need batteries to make them run.
Last legislative session, Tesla Motors owner Elon Musk was regularly seen around the state capitol trying to convince state lawmakers and the Texas Automotive Dealers Association to allow him to sell his $90,000 electric cars in Texas.
The California-based electric car manufacturer Tesla is hitting a few roadblocks when it comes to pitching their vehicles to the public.
The company sells directly to consumers, much like how Apple sells its iPads straight from an Apple store. But auto dealers associations in a number of states say that’s against the law — Tesla needs to use a middle man, a franchise. Tesla doesn’t agree, so the car dealers are taking the fight to the courts and the legislatures.
Over the last year of so, Tesla motors has received some really good press. But this past week, it's been knocked off its pedestal.
"We're a country that likes to put things up on pedestals and then tear them down from pedestals. We do that with people, I think we do that with things," says Jack Nerad, an analyst with Kelley Blue Book.
Originally published on Thu October 3, 2013 12:26 pm
High-flying billionaire Elon Musk's Tesla Motors has seen its shares skid the past couple days because they've been downgraded by analysts and because of a YouTube clip showing one of the all-electric luxury cars engulfed in flames earlier this week.
Just before noon ET, a share of Tesla was trading around $169.50 — down about 6.5 percent for the day and $25 (13 percent) below its 52-week high of $194.50.
Originally published on Tue August 27, 2013 11:33 am
It's been a good year for Tesla Motors, the luxury electric car maker, particularly in California, where it's selling more cars than Porsche, Jaguar, Lincoln, or Buick. In 2013, the company has sold 4,714 cars in the state, according to the California New Car Dealers Association.
The Tesla Motors Model S starts as soon as you sit down behind the wheel and press on the brakes -- there's not even a place for a key -- and from that point there is no sound, even when accelerating.
Tesla unveiled its latest string of supercharger stations in Texas this week to help provide its car owners a free charge along several of the state’s major roadways, but the addition of the supercharger station in San Marcos is on the heels of a legislative letdown.