Tuesday, March 11, 2014

Regulatory capture: Tesla's New Jersey Edition

New Jersey blocks Tesla from selling directly to consumers (TechCrunch):

New Jersey is the third state to ban the practice of selling cars directly to consumers, joining Arizona and Texas in preventing their residents from easily buying a more environmentally friendly ride. The New Jersey Coalition of Automotive Retailers was in favor of the rule change, unsurprisingly.
Update: Instapundit links to Popular Mechanics, accurately calling it crony capitalism.

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