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Tesla news roundup: Supportive bill proposed in NJ; NHTSA ends investigation

The ongoing dealer fight against Tesla Motors in a number of states continues to evolve, with two bits of news out of Ohio and New Jersey this week. There is good news and, well, good news. And then there's lots more news. In Ohio, the automaker won a compromise bill that won't exactly let Tesla to do whatever it wants, but it will let the company's two existing stores stay open and a third to come online. Tesla sent AutoblogGreen a statement from Diarmuid O'Connell, VP of corporate and business development, on the situation there: We're pleased with the compromise reached in the Senate Committee to amend SB 260 to allow Ohio residents to continue to purchase electric vehicles directly from Tesla at our two existing stores and one additional location in Ohio. Tesla stores are essential to educating customers about electric vehicle technology and building a mass market for EVs. We look forward to continuing to provide our Ohio customers with the full Tesla experience and to further investing in the state by employing Ohioans both directly at our stores and service centers, and through our Ohio-based suppliers of parts and components. Meanwhile, over in New Jersey, Assemblyman Tim Eustace introduced legislation that would reverse the ban on Tesla stores in that state. On Facebook, the EV-driving Assemblyman wrote, "We need to attract companies that will create jobs and promote economic growth. If the governor is unwilling, then the Legislature will get it done." You can read the proposed bill here. Also, coinciding with the announcement of the new titanium underbody shields for the Model S, the NHTSA said it has closed its investigation into three Model S fires and said that, "A defect trend has not been identified." With the political landscape constantly changing, lots of editorial voices are joining the discussion. As The New York Times editorial board says, "the fight with Tesla is not really about this niche company" and basically comes to the same conclusion we did the other day: "Instead of fighting Tesla, dealers should be improving customer service." Possible 2016 presidential candidate Marco Rubio (R-FL) also jumped into the fray, saying on CNBC that he has no problem with Tesla's business model. You can see a clip of that below as well as a short video of a Model S delivery staging area in Europe. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party.

Tesla stock takes big tumble after Musk's Detroit speech

Frank talk from Tesla Motors founder Elon Musk at the 2015 Detroit Auto Show sent the company's stock falling one Wednesday, after the CEO warned his company wouldn't achieve profitability until the dawn of the next decade. The nine-percent drop left share prices in the EV manufacturer at $185.60 during pre-market trading on Wednesday, The International Business Times reports. It did rally after trading started, though, hitting over $191 as of this writing. The big worry for shareholders appeared to be Musk's statements on Tesla's Chinese fortunes. The company's efforts there suffered a fourth-quarter sales decline that saw consumer concern over the network of quick-charging stations that provide Model S owners with free electricity, IBT reports. According to Musk, that particular thorn in the company's side has been dealt with, and if Chinese consumers are still concerned, further expansion is already planned, but not all pundits are convinced China's charging problem is behind Tesla.

Recharge Wrap-up: Digital Giant video lights up Tesla Model S, GM uses wind power in Mexico

General Motors will use a 34-megawatt wind farm to power its facilities in Mexico. Upon completion of the wind farm's construction, GM will be sourcing 12 percent of the energy for all of its North American operations from renewable sources. Currently, GM uses 104 megawatts of renewable energy, with goal of 120 megawatts by 2020, and the new wind farm deal helps the automotive group achieve its goal several years early. Most of the energy from the wind project will power GM's Toluca Complex. "Once online, we'll evaluate the project to better understand how we can expand the use of wind power," says GM's renewable energy manager, Rob Threlkeld. Read more from GM. The Biotechnology Industry Organization (BIO) supports readoption of California's Low Carbon Fuel Standard, but sees room for improvement. The advanced biofuel trade organization said it is "generally supportive" of the law, but feels that some of the requirements get in the way of producers doing their job. "BIO and its members are concerned that the intensified reporting requirements under the readoption plan could be particularly burdensome in time and cost to small and new low-carbon fuel producers," says BIO's Brent Erickson. "CARB should make every effort to ensure that the new reporting (and other) requirements under the plan do not inadvertently discourage small producers or innovation." Read more in the press release below. The Tesla Model S is the subject of a new video from Digital Giant. Called "Lightdrive," the video uses the newest video technology to show off what is arguably the world's favorite EV. The filmmakers "harnessed the freedoms gifted by the latest state of the art cameras, camera cars, drones and bespoke technologies to create a piece that we hope appeals to the sci-fi junky and car enthusiast alike." Digital Giant calls the Model S the "obvious choice" for making such a video. "Tesla is not only a brand we identify with on all levels, it is a case of automotive fiction meeting science fact, and to drive one is to understand that the game has changed." See the video above and read more at Gas2. BIO Urges California to Readopt the Low Carbon Fuel Standard, With Changes BIO expresses concerns on reporting requirements and compliance curve Washington, D.C. (Feb.