In the News

Lou Chronowski Quoted in Entrepreneur Magazine

Article also featured in Fortune and Yahoo! Finance

December 2, 2014

Lou Chronowski, Chicago-based member in Dykema’s Commercial Litigation practice, was quoted in the Entrepreneur magazine article, “Will Tesla Have to Franchise.” The article discusses states in the U.S. that have banned direct sales of Tesla vehicles and Tesla founder Elon Musk’s statements that the company may need to ease up on its anti-franchising policy.

In the article, Chronowski states that he believes Tesla will eventually have to franchise. He also shares that dealers are worried that Tesla and other potential entrants in the auto industry using a direct sales model could provide major competition, with the ability to sell cars at lower prices than the competition.

You can read the entire article here.