Lawmakers in New York state are moving to shut down Elon Musk’s Tesla dealerships in yet another blow to the billionaire CEO.
New York State Sen. Patricia Fahy and other lawmakers are fighting to remove a waiver that allows Tesla to operate five in-person dealerships in New York, instead forcing the company to sell their vehicles through dealer franchises, The New York Times reported Sunday.
“No matter what we do, we’ve got to take this from Elon Musk,” Fahy said in March when she first introduced the bill against Tesla. “He’s part of an effort to go backwards.”
She wants the company to relinquish its 5 licenses and instead distribute them to other EV manufacturers, such as Rivian, Scout Motors, and Lucid.
Actually, unlike every other auto manufacturer in the world Tesla dealerships aren’t franchised businesses. They’re all privately owned by Musk. So, hurting the dealership directly effects his personal assets. Tesla own everyone of the buildings and the businesses themselves. Unlike, say Honda, Toyota and everyone else who just license their company name to the dealerships that are independently owned/operated.
I didn’t say they were franchised dealerships…?
The entire reason these licenses can even be revoked is because of how it is structured.
Are you responding to the wrong person?