Everyone has to find a way to work around Governor Rick Snyder. When he’s not spending his time poisoning the people of Flint, he is busy pandering for the auto dealer vote via laws forbidding auto manufacturers from selling directly to consumers. Although Tesla’s business model does not include dealerships, The Detroit News is reporting the electric car company has applied for a Michigan dealer license.
Tesla applied for a “Class A” dealership license to sell new and used cars. Under the classification, it also must have a “repair facility as part of their business or have an established relationship with a licensed repair facility,” Woodham said in a Sunday email to The Detroit News.
The stock is up over 2.5% so far in February. No price reaction of note has occurred since this news dropped.
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