After Tesla Motors Inc (NASDAQ:TSLA) reached compromises with auto dealerships in two other states, it appears that New Jersey could be the next one. According to CNN Money, there are a couple of bills making their way through the state legislature right now which would allow the automaker to keep selling its cars in the state.
Tesla ban moved back
Auto dealers in the state have agreed to give Tesla Motors Inc (NASDAQ:TSLA) 15 additional days to sell its vehicles directly to consumers. That ban was originally set to begin April 1, but now the state has moved the start date back to April 15. Dealers also said they would support a longer extension as lawmakers in the state develop a compromise.