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Washington Considers EV Sales Legislation Amid Shareholder Discontent with Elon Musk
1086+ Words Refined into 7 Facts by AI • 2 sources • 19m ago
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- Washington state lawmakers are considering legislation to end Tesla's exclusive sales advantage.
- The proposed law allows Rivian and Lucid to sell directly if they establish service centers.
- Supporters claim 84% of residents favor ending the ban on direct sales.
- Opponents argue direct sales would limit consumer access to repairs.
- The legislation aligns with Washington's goal of zero carbon emissions by 2035.
- Shareholders are pushing to remove Elon Musk as CEO due to management concerns.
- Despite concerns, many hesitate to push for Musk's removal due to rising stock performance.
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