Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Tesla Motors Inc (TSLA) Goes to Court, Not Over Dealerships or Patents

Tesla Motors Inc (NASDAQ:TSLA) has become the darling of the automotive industry this year, virtually by surprise when one considers that Tesla stock was selling for closer to $25 a share a year ago and not $125 a share. This has been a banner year for Tesla, the 10-year-old electric car maker. This year could be defined as almost perfect – except for that small proactive recall to which virtually no one paid more than a few hours’ attention. (We happened to catch it, though.)

Amidst all of the positive vibes surrounding Tesla Motors Inc (NASDAQ:TSLA), it has had its small challenges. Not just the Tesla Motors Inc (TSLA)recall, but it is also pushing back against a campaign by dealerships to gets laws passed in states that would ban direct-to-consumer auto sales.

Oh sure, it’s OK if you want to buy those fashionable jeans on line from Amazon.com, Inc. (NASDAQ:AMZN) and get free shipping, but it’s blasphemous to buy a car online and have it delivered to you. And yet, while the dealerships look desperate and threatened, Tesla continues to build momentum toward reaching the self-proclaimed goal of 20,000 vehicles sold in 2013.

And while Tesla Motors Inc (NASDAQ:TSLA) may have its legal hands full with the anti-Tesla laws, as well as certain patent discussions or lawsuit threats, the company does still, on occasion, have to deal with issues that dont’ directly involve its business model or its patent portfolio in its innovative electric-car concept.

Once in a while, a car company has a problem with a supplier, and Tesla is dealing with that now, according to a report from Zacks.com.
More insideermonkey.com

Share

Leave a Reply