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Tesla Motors Inc (TSLA) Closes Stores in Missouri Temporarily

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follow the latest news of” market news” from different sites to most famous technicals /Eunice Gettys by 2017-01-03 at 22:27

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Tesla Motors Inc (TSLA) Temporarily Closes Stores In Missouri, Awaits Court Decision

Tesla Motors Inc (TSLA) Temporarily Closes Stores In Missouri, Awaits Court Decision*/

– Published By: Eunice Gettys on January 3, 2017 01:17 pm ESTLast week, The Country Caller reported that Tesla Motors Inc (NASDAQ:TSLA) is caught up in another direct sales battle, this time in Missouri, as its license to sell vehicles to customers expired on December 31, 2016 with no hope of renewal.A circuit judge said that a single entity cannot build vehicles, as well as have the license to sell them.Although the automaker requested the Missouri Court of Appeal to issue a stay order and expected to continue its operations, it has been forced to temporarily close its retail locations, as it awaits the decision, according to 41 Action News.
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Tesla Motors Inc (TSLA) Closes Stores in Missouri Temporarily

Tesla Motors Inc (TSLA) Closes Stores in Missouri Temporarily*/

– 2016 had been a roller-coaster ride for Tesla Motors, specifically due to the ups and downs it faced throughout the year.It dealt with the fatal car crash owing to the autopilot feature; while on the other hand, it managed to achieve its delivery target after missing its targets for the past few quarters.However, the last year did not end on a good note for Tesla as Electrek reported that the automaker had closed its sales in the state of Missouri temporarily.
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Tesla Motors Inc (TSLA) to Strike Energy Storage Agreement in Philippines

Tesla Motors Inc (TSLA) to Strike Energy Storage Agreement in Philippines*/

– Published By: Eunice Gettys on January 3, 2017 11:50 am ESTIn August 2016, the executives of Meralco Electric Co., the largest Filipino electricity distributor, suggested that Tesla Motors Inc. (NASDAQ:TSLA) is looking to enter the country to offer its battery storage products.During the time, officials of both the corporations met and talked about potential partnership; though, no agreement was reached.The Standard reported that the Pilipino utility now expects to strike a deal with the American clean-tech company this year.
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