[A_Parr]

A little background on why this was necessary is that the law already existed for decades to stop GM/Ford/Chrysler from doing the same thing, which was a very real threat to their industry. The bill simply changes a word to keep Tesla from using the loophole of not having a franchise to begin with.

From the article, it sounds like Tesla simply decided to become a used car dealer in Michigan as another workaround. It's not a settlement because nothing else has changed. The law didn't apply to selling used cars.