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A proposed bill in North Carolina that would make it illegal for electric car maker Tesla Motors to use its direct-sales method to sell cars in the state. The bill, which passed the state Senate in a unanimous vote Monday night, would prohibit car manufacturers or dealers from selling their cars to consumers without using a licensed dealer. Manufacturers would be barred from "using a computer or other communications facilities, hardware, or equipment" to sell or lease a car to anyone in the state, according to the legislation. If approved, the bill would render a car manufacturer like Tesla unable to legally sell cars in the state. Since the company bypasses traditional dealerships by selling directly to consumers and allows buyers to place their orders online, it would not meet the state's definition of a "dealer." Tesla Motors, based in Palo Alto, Calif., and founded in 2003, made headlines when it created the first all-electric sports car, the Tesla...

Credit: AutomobileMag.com Tesla Motors Company is coming off a very good week. On Wednesday, the company reported that it had sold more electric vehicles than any other automaker during the first quarter of the year, and turned a profit for the first time in its 10 year history. On Thursday, Consumer Reports '� the famously austere purveyors of customer satisfaction surveys and product testing for all manner of consumer goods '� announced that Tesla's Model S roadster outperformed every other commercially-available vehicle in their annual battery of stress tests, scoring a 99 out of a possible 100: The Tesla Model S outscores every other car in our test Ratings. It does so even though it's an electric car. In fact, it does so because it is electric. Built from the ground up as an EV, this car's overall balance benefits from mounting the battery under the floor and in the lowest part of the body. That gives the car a rock-bottom center of gravity that enabl...

Tesla Gives Surprise Profit. Where Does It Rank Now Among Truly Expensive Stocks? - ForbesLog in with your social account:Or, you can log in or sign up using Forbes. Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG6nWpfI3maNN2EhEHxmo_DWKzSUQ&url=http://www.forbes.com/sites/abrambrown/2013/05/09/tesla-gives-surprise-profit-where-does-it-now-ranks-among-truly-expensive-stocks/