GM CEO Mary Barra on Tesla: ‘We just want a level playing field’

DETROIT – Shortly before Gov. Rick Snyder signed a bill deemed by some as “anti-Tesla” into law last week, General Motors released a statement throwing its support behind House Bill 5606, reported MLive. “We believe that House Bill 5606 will help ensure that all automotive manufacturers follow the same rules to operate in the State ... Read More »

Mich. Governor Signs ‘Anti-Tesla’ Bill

LANSING, Mich. — Michigan Governor Rick Snyder signed into law on Tuesday legislation that adds tighter restrictions on direct-to-consumer vehicle sales. The move effectively bans Tesla Motors from selling vehicles in the state. Introduced in May, House Bill 5606 originally focused on prohibiting auto manufacturers from dictating what fees a franchised dealer can charge customers. ... Read More »

Toyota Confirms Sale of Part of Tesla Stake

Toyota Motor Corp. said Friday it has sold some of its stake in Tesla Motors Inc., days after German luxury car maker Daimler AG disclosed it had divested its Tesla shares for a sizable gain, reported The WSJ. The sale came “as part of our process of regularly reviewing our investment portfolio,” Toyota said in ... Read More »

Automaker Tesla’s Direct-To-Consumer Sales May Already Be Illegal in Michigan

LANSING, Mich. – Electric vehicle manufacturer Tesla, known for bypassing dealers and selling directly to consumers, is afraid an amendment to an unrelated bill would prevent the manufacturer from doing just that, reported Michigan Live. But the bill’s supporters say current law already precludes that. That’s the understanding of Terry Burns, executive vice president of ... Read More »

Mass. High Court Rules For Tesla Over Auto Dealers

BOSTON — The state’s highest court on Monday upheld the right of Tesla Motors to sell directly to Massachusetts consumers, rather than through a dealership network, reported 90.9wbur. Dealers including Herb Connolly Chevrolet sued to stop Tesla from selling its high-end electric cars from its store in the Natick Mall, saying Tesla was essentially operating ... Read More »

Ga. Dealer Association Takes on Tesla

Electric-car maker Tesla Motors may have to stop selling vehicles in Georgia, reported the LA Times. An auto dealers association has asked Peach State officials to bar the Palo Alto-based company from offering its Model S sport sedans and upcoming Model X SUVs at its Atlanta-area retail store. The Georgia Automobile Dealers Assn., in a ... Read More »

Tesla Boosts Model S Sedan’s Warranty Coverage After Criticism

Electric carmaker Tesla Motors Inc TSLA.O said on Friday it had boosted warranty coverage on its Model S sedan, a week after an influential U.S. consumer magazine highlighted problems with the $70,000-plus vehicle, reported Reuters. Tesla announced that the drive unit warranty on the Model S has been increased to match that of the battery ... Read More »

Tesla Motors’ Loss Widens on Higher Spending

Tesla Motors Inc said its second-quarter loss increased to $62 million, or 50 cents a share, from a $31 million loss a year ago as the company ramped up spending to develop its second electric vehicle, added workers and expanded into China, reported The Wall Street Journal. Tesla said it delivered 7,579 Model S vehicles ... Read More »

Billionaire Elon Musk Giving $1M to Tesla Museum

Tesla Shares Down After Stolen Vehicle Crash in California