New York Lawmakers Set Aside Anti-Tesla Bill
New York’s Assembly set aside a bill that Tesla Motors Inc. (TSLA), the maker of electric cars run by Elon Musk, had said would shut down its Empire State operations.
The lower chamber adjourned its legislative session late yesterday without acting on the measure. Lawmakers in the Assembly aren’t scheduled to reconvene until January.
The bill introduced in the legislature this month would have prevented car manufacturers from selling directly to consumers, as Tesla does. It also would’ve blocked registrations of new vehicles bought out of state. The Palo Alto, California-based manufacturer said a ban on selling cars directly rather than through dealers would have forced it out of New York.
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