The ongoing debate surrounding Tesla’s direct sales approach – with states like New Jersey and Missouri all but banning the company’s strategy with complex legislation – took a turn in Tesla’s favor the other day. Several Federal Trade Commission officials told these states their dealer-favoring laws constituted a form of “protection that is likely harming both competition and consumers."
The FTC has made similar statements in the past, calling these laws “bad policy” and “protectionist.”
Read Article