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March 12, 2014 01:21 am GMT

New Jersey Votes to Ban Tesla Direct Sales

Tsla

New Jersey has opted to burn bridges with Tesla.

New Jersey's Motor Vehicle Commission (NJMVC) voted Tuesday to prohibit automakers from selling cars directly to consumers without going through a dealer. The decision deals a blow to the electric car maker, which relies on a direct sales model by operating its own retail stores.

See also: Tesla Stock Surges: Can It Shake Up Utilities, Too?

Tesla had waged a last-minute fight in public on Tuesday to try to put pressure on the commission not to block direct sales in the state. In a blog post, Tesla's team wrote that the administration of New Jersey Gov. Chris Christie had "gone back on its word" this week to delay the new regulation to allow for a "fair process" in the state legislature. Read more...

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Original Link: http://feeds.mashable.com/~r/Mashable/~3/h0NDVQxNRG0/

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