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CNBC's Phil LeBeau reports on the number of Tesla vehicles sold in New Jersey versus all vehicles sold in the state to predict what kind of impact the latest ban on direct auto sales will have on the company.
New Jersey became the third state to ban the company from selling vehicles directly to the public. But the dispute is far from over.
CNBC's Rick Santelli weighs in on Tesla and the unanimous vote of the New Jersey Motor Vehicle Commission to ban auto manufacturers from selling cars directly to consumers.
The New Jersey Motor Vehicle Commission voted unanimously to pass a rule that will end Tesla's direct sales of cars to consumers in the Garden State, reports CNBC's Phil LeBeau.
Colin Rusch, Northland Capital Markets senior analyst, discusses Tesla's sales model in the wake of the New Jersey Motor Vehicle Commission decision to ban auto manufacturers from selling cars directly to consumers.
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The Garden State voted to ban direct auto sales yesterday and that means automakers like Tesla will need to go through dealerships to sell cars there, reports CNBC's Phil LeBeau.
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Many auto dealers are speaking out against the Tesla business model. CNBC's Bertha Coombs reports what Tesla customers are saying after the New Jersey Motor Vehicles Commission's voted to ban the direct sale of automobiles in the state.
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CNBC's Bertha Coombs spoke with one New Jersey resident about the New Jersey Motor Vehicles Commission's vote to ban the direct sale of automobiles in the state, who feels this is unfair as a customer.
The New Jersey Motor Vehicles Commission has voted to ban the direct sale of automobiles in the state. Ben Kallo, Robert W. Baird senior analyst, says this will slow down sales for Tesla.
CNBC's Phil LeBeau reports the New Jersey Motor Vehicles Commission has voted to ban the direct sale of automobiles in the state, which directly hits Tesla.
March 11- Elon Musk wants to keep selling electric cars directly to the public in New Jersey, but on Tuesday the state said no, insisting instead that Tesla Motors Inc offer its cars through an auto franchise rather than its own stores. New Jersey Governor Chris Christie's administration approved a rule requiring sales of all new cars to go through franchises.
CNBC's Phil LeBeau comments on the NY U.S. Attorney office's criminal probe of General Motors related to its product recall.
CNBC's Phil LeBeau reports the New Jersey Motor Vehicles Commission has changed its law on who can sell vehicles in the state of New Jersey.
The New Jersey Motor Vehicle Commission voted Tuesday to ban the direct sale of automobiles in New Jersey, forcing electric-car maker Tesla to use dealers instead.
March 11- Tesla Motors Inc said New Jersey Governor Chris Christie's administration was pushing forward with a regulation that would hamper sales in the state by forcing the electric-car company to use dealers instead of selling directly to customers.