Tesla strikes deal to keep its five stores open in New York

Tesla Motors and New York State have reached an agreement that will allow the automaker to avoid the potential closure of its state stores over their failure to comply with dealership laws, as has happened elsewhere across the country. Under the agreement, Tesla will be able to continue operation of its five existing stores in the state, which sell cars directly to consumers, but all future stores will have to comply with a new law governing car dealerships — though the specific legislation has yet to be introduced.

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