Tesla (TSLA) Makes Headway vs. Networks Over Direct-to-Customer Sales
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Tesla Motors (Nasdaq: TSLA) is making headway in the battle of manufacturer versus franchised dealer.
According to messages posted by CEO Elon Musk to his official Twitter account late Thursday, the company is getting positive feedback for direct-to-customer sales in New York. Musk said, "New York judge just ruled in favor Tesla, dismissing the legal attack by auto dealers to prevent direct sales!"
He continued with the next message, "New York judge states: "... dealers cannot utilize the Franchised Dealer Act as a means to sue their competitors". Exactly!"
News comes as Musk stated a similar case
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According to messages posted by CEO Elon Musk to his official Twitter account late Thursday, the company is getting positive feedback for direct-to-customer sales in New York. Musk said, "New York judge just ruled in favor Tesla, dismissing the legal attack by auto dealers to prevent direct sales!"
He continued with the next message, "New York judge states: "... dealers cannot utilize the Franchised Dealer Act as a means to sue their competitors". Exactly!"
News comes as Musk stated a similar case
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