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IPFS News Link • Business/ Commerce

AutoNation CEO to Tesla's Elon Musk: Call me maybe!

• cnbc.com
 Texas—among the four finalists for a new Tesla plant—currently prohibits direct auto sales, fueling questions about whether the automaker might choose the Lone Star State in exchange for a lifting of that ban.

Even though Tesla's business model cuts out dealerships like AutoNation, Jackson said in a "Squawk Box" interview, "Tesla should have the right to decide how it wants to retail its vehicles … and that should include the great state of Texas."

"I do not view [Tesla] as a threat to franchise auto dealers or a threat to AutoNation in any way," Jackson added, while stressing that his company "has not supported or helped any of the entities that are legally resisting Tesla's retail model."


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