Tesla Motors (TSLA) is not the type of company that will dwell on good news for a long period of time. Instead, the company, led by Elon Musk, never sleeps.
Most recently, Tesla picked up a big win in Massachusetts, with the court throwing out a lawsuit that was meant to block the company from selling directly within the state.
According to AutoblogGreen, here was the problem:
“The Massachusetts State Automobile Dealers Association, along with two dealers, claimed that Tesla was in violation of a law that protects affiliated dealerships from oppressive practices from automakers.”
In other words, this is the same fight Tesla has run into in many other states throughout the country — and Massachusetts apparently is seeing things Tesla’s way.
The judge overseeing the case sided with Tesla, saying the law “was intended and understood only to prohibit manufacturer-owned dealerships when, unlike Tesla, the manufacturer already had an affiliated dealer or dealers in Massachusetts.”
With a win in Massachusetts out of the way, Tesla’s eye likely will be directed back toward New Jersey, where the company has been trying to break into, but where its direct-sales model has already been denied.
The company also has been blocked by Texas, Maryland and Arizona, but recently made headway in Nevada.
Bottom Line: Tesla hit the jackpot in Massachusetts, opening yet another state to its vehicle sales. Sure, those who want Teslas likely have the means to travel out of state, but every win brings Tesla more exposure, and brings its cars closer to its consumers’ garages.
As of this writing, Chris Bibey did not hold a position in any of the aforementioned securities.
