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New Jersey bans Tesla Motors from selling its electric cars directly to the public

By Lewis Krauskopf (Reuters) – Elon Musk wants to keep selling electric cars directly to the public in New Jersey, but on Tuesday the state said no, insisting instead that Tesla Motors Inc offer its cars through an auto franchise rather than its own stores. New Jersey Governor Chris Christie’s…

Apple considers Tesla Motors acquisition as the iPhone maker looks to diversify its revenue

(Reuters) – Apple Inc is looking at cars and medical devices to diversify its sources of revenue as growth from iPhones and iPads slow, according to a San Francisco Chronicle report. Apple’s head of mergers and acquisitions, Adrian Perica, met with Tesla Motors Inc founder Elon Musk at the company’s…