ALBANY, N.Y. — On Friday, Governor Andrew M. Cuomo announced an agreement between Tesla Motors, the New York State Automobile Dealers Association and the Greater New York Automobile Dealers Association. Under the agreement, Tesla Motors will maintain its five currently licensed retail locations in New York State.

Additional Tesla retail locations will be established under a strengthened dealer franchise law. Legislation to implement the agreement will be introduced with the support of leadership in the state legislature. 

“Today’s agreement reaffirms New York's long-standing commitment to the dealer franchise system, while making sure New York remains a leader in spurring innovative businesses and encouraging zero emissions vehicle sales,” said Governor Cuomo in a statement issued last week. “The agreement is a win-win for consumers, for the franchised auto dealers and manufacturers who play such a vital role in New York's economy, and for cutting edge companies like Tesla."