July 25, 2017
Just a few days ago, Elon Musk received “verbal approval” for his Hyperloop One, a high-speed tube that will take passengers from NYC to D.C. in just 29 minutes. Adding to his East Coast and New York takeover, Musk’s Silicon Valley-based company Tesla will release its first mid-priced electric car, the Model 3, later this month for the moderate price of $35,000. But because New York law requires cars to be sold to consumers by dealerships and not manufacturers, Tesla hopes proposed legislation aimed at changing that law will expand their sales dramatically throughout the state, according to Crain’s.
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