Tesla Motors Inc. (Nasdaq: TSLA) stock rebounded from March losses today when it reached a two-week high of $235.73 in early trading. The stock has since pared its gains, but is trading up almost 9% on the week.
Tesla New Jersey
- Why Tesla (Nasdaq: TSLA) Stock Hit a Two-Week High Today
- Where to Buy a Tesla - and Where Tesla Sales Are Banned
- Why Tesla (Nasdaq: TSLA) Stock Will Brush Off New Jersey Sales Fight
Electric car enthusiasts wondering where to buy a Tesla Motors Inc. (Nasdaq: TSLA) Model S sedan can cross another state off their list of locations.
The state of New Jersey announced last week that automakers will no longer be allowed to sell vehicles directly to customers. That brings the list of states that have banned direct Tesla sales to five: Arizona, Maryland, New Jersey, Texas, and Virginia.
If you live in New Jersey and want to purchase a Tesla Motors Inc. (Nasdaq: TSLA) signature Model S, you have until March 31 to do so.
Tesla announced yesterday (Tuesday) that as of April 1 it will no longer sell its vehicles in New Jersey, following the New Jersey Motor Vehicle Commission's ruling that automakers must sell their vehicles through auto dealerships.