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Tesla can problem Louisiana direct gross sales ban, US appeals court docket guidelines By Reuters

by Index Investing News
August 26, 2024
in Stocks
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(Reuters) – A divided federal appeals court docket on Monday revived Tesla (NASDAQ:)’s lawsuit difficult Louisiana’s ban on direct car gross sales to customers.

In a 2-1 choice, the fifth U.S. Circuit Court docket of Appeals in New Orleans reversed the dismissal of Tesla’s due course of declare, vacated the dismissal of its antitrust declare, and upheld the dismissal of its equal safety declare.

Tesla, the electrical car firm run by billionaire Elon Musk, has been suing the Louisiana Car Sellers Affiliation, members of the Louisiana Motor Car Fee and a bunch of sellers.





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