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New York lawmakers are moving to shut down Elon Musk’s Tesla sales across the EV-friendly state

Fortune LogoFortune17h ago

New York lawmakers are moving to shut down Elon Musk’s Tesla sales across the EV-friendly state - Fortune

Quick Summary:

New York Democrats are hoping to push through a statewide bill that could strip CEO Elon Musk's Tesla of its right to sell cars directly to customers.

Fahy’s bill is the latest repercussion from the bitter falling-out between the Democratic party and the Tesla CEO during the Biden administration.

If Lahy and her colleagues succeed, restricting Tesla’s ability to compete in New York could deliver a sensitive blow at a time when the company is losing ground to archrival BYD.


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Article Details

Author / Journalist: Christiaan Hetzner

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 12:09:33 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 691 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 173 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28249116

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 49 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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  • URL: https://saintseiya.beamstart.com/news/new-york-lawmakers-are-moving-17458430365555

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