
A trade group for Ohio car dealers is asking a Franklin County court to rescind Tesla Motors’ license to sell new cars, citing what they say are violations of Ohio law.

A trade group for Ohio car dealers is asking a Franklin County court to rescind Tesla Motors’ license to sell new cars, citing what they say are violations of Ohio law.

An Ohio house committee declined to take up a one-paragraph amendment today pushed by the Ohio Auto Dealers Association that would have blocked an innovative U.S. carmaker’s business model.

Tesla has had a rough couple of months. Shares hit an all-time high of $194.50 in late September, then concerns about the fires on the Model S crept up. Following that, third-quarter earnings were great, but concerns about selling more Model S units in the fourth-quarter hit the stock.

Tesla is pushing for state legislation that allows company-owned stores.

Nissan CEO Carlos Ghosn said the market won’t be ready for fuel cell vehicles before 2020, joining Tesla’s Elon Musk in questioning the future of hydrogen-powered cars.