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'Land of the free': Michigan Gov signs bill outlawing Tesla's retail model

Sure, there are a lot of reasons to be dubious about whether electric cars are a technology that needs to be fast tracked to save the planet. That doesn’t mean the companies who make them shouldn’t have a chance to compete. Michigan’s Republican Governor Rick Snyder just signed a bill preventing Tesla Motors from using a different retail model for selling cars in Michigan. Seems like a pretty transparent political payoff to Detroit’s big automakers.

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https://twitter.com/zerohedge/status/524678252703780864

The Detroit Free Press reports: Gov. Snyder signs bill banning direct Tesla sales

Dealers have tolerated and learned to cooperate with online car shopping services such as Edmunds.com and TrueCar.com. But a manufacturer who bypasses the traditional franchise system to sell directly, either in physical stores or online, is a threat, even a low-volume automaker like Tesla.

So if someone out-innovates your business, rather than adapting to compete, just get your government cronies to make the innovation illegal.

Earlier this week Tesla CEO Elon Musk called it “anti-consumer” legislation.

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https://twitter.com/SiloAAOlis/status/524675814890024960

https://twitter.com/afscozia/status/524679700866936832

Crony “capitalism.”

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