Tesla (TSLA) Direct-Sales Approved in Maryland; Global Equities Sees Incremental Opportunity

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Tesla (TSLA) Pops Higher

May 12, 2015 10:04 AM EDT

Tesla (NASDAQ: TSLA) has popped sharply higher Tuesday. The stock is now up 1.7 percent.

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FTC Gets Positive on Direct-Sales Model (TSLA)

May 12, 2015 8:14 AM EDT

The Federal Trade Commission posted the following to its website on Monday:

A fundamental principle of competition is that consumers not regulation should determine what they buy and how they buy it. Consumers may benefit from the ability to buy cars directly from manufacturers whether they are shopping for luxury cars or economy vehicles. The same competition principles should apply in either case.

For several years now, there have been reports of the challenges faced by Tesla Motors in selling its luxury electric cars... More