Day: September 16, 2021

Tesla builds 1st store on tribal land to dodge New Mexico car law

NAMBÉ, N.M. – Carmaker Tesla has opened a store and repair shop on Native American land for the first time, marking a new approach to its yearslong fight to sell cars directly to consumers and cut car dealerships out of the process.

The white-walled, silver-lettered Tesla store, which opened last week, sits in Nambé Pueblo, north of Santa Fe, on tribal land that’s not subject to state laws.

The electric car company can only sell and service its vehicles freely in about a dozen states, while it faces restrictions in others. Some, like New Mexico, ban Tesla from offering sales or repairs without going through a dealership. In January, the company struck a deal with Michigan to resolve a 2016 lawsuit, a symbolic victory that allowed it to sell in the backyard of the nation’s largest carmakers.

Supporters of Tesla say the shop in New Mexico marks the first time

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Car prices are about to go up again, thanks to Hurricane Ida

Just when car prices looked like they were edging down from their record highs, they’re heading skyward again. It’s Hurricane Ida’s fault.Ida caused widespread flooding from Louisiana, where it came ashore as a hurricane on Aug. 29, to the heavily populated Northeast, where its remnants hit hard a few days later. It killed at least 86 people and its flood waters destroyed hundreds of thousands of cars, including many that were on car dealer lots.Ida’s wrath has simultaneously created a sudden demand for car purchases while further destroying already tight inventories. Hurricane Nicholas, which hit the Texas Gulf Coast early Tuesday, could add to the problems, especially if it causes flooding once again in Houston, one of the largest markets for car ownership in the nation.The storms could not have hit at a worse time. “Any new problem with car inventory is one problem too many,” said Kayla Reynolds, manager … Read More