Tesla's move to close stores puts dealer franchise debate into spotlight
https://finance.yahoo.com/news/teslas-move-to-close-stores-puts-dealer-franchise-debate-into-spotlight-214547665.html
“Tesla’s company-owned stores have required special exemption from decades-old dealer franchise laws,” said stock research firm JMP in a report. JMP adjusted its price estimate for Tesla to $406.00 from $319.88 per share. “While Tesla will likely assert that it indeed will have sufficient resources to maintain the consumer safety of the fleet, we expect a number of legal challenges to this move.”
What form those legal challenges would take is unclear.
Tesla's move to close stores puts dealer franchise debate into spotlight
Mar 1, 2019, 10:34pm UTC
https://finance.yahoo.com/news/teslas-move-to-close-stores-puts-dealer-franchise-debate-into-spotlight-214547665.html
> “Tesla’s company-owned stores have required special exemption from decades-old dealer franchise laws,” said stock research firm JMP in a report. JMP adjusted its price estimate for Tesla to $406.00 from $319.88 per share. “While Tesla will likely assert that it indeed will have sufficient resources to maintain the consumer safety of the fleet, we expect a number of legal challenges to this move.”
> What form those legal challenges would take is unclear.