Supply and demand are two sides of the same coin, and although they look different, you cannot separate the two. They are like twins always moving together.
You can’t measure true supply without having excess demand and you can’t measure true demand without excess supply. They influence each other and are actually the same looked at from two different perspectives.
The Kansas City Auto Show, which had hundreds of new vehicles, excluded Tesla due to its sales model. Tesla allows buyers to buy directly from the manufacturer, and dealerships don’t like that.
Tesla has many challenges to overcome. According to David Pogue (via Yahoo Finance), “It’s amazing that Tesla even exists. Before Tesla, the most recent successful American auto startup was Chrysler, over 90 years ago. Tesla has survived the first hard part: designing beautiful, fast, high-tech electric cars that a lot of people want and love. Now come all the other hard parts … [including] getting permission to sell them.”
Good news, bad news for Tesla yesterday. China says it may soon lift the 40% tariff it imposed on cars imported from the US, and a judge in Connecticut has ruled the company is illegally selling cars at its store in Connecticut.
Holy cow — have you seen the pictures?! There are thousands of cars sitting on lots across the United States — unsold.
A federal judge in Michigan has ruled in favor of a request by Tesla asking for the release of communications between a lobbyist for the state’s auto dealers and state legislatures pertaining to a law prohibiting direct sales to Michigan residents.
The California New Car Dealers Association has expanded its complaint against Tesla in relation to the modern electric car pioneer’s use of customer referral programs. The California New Car Dealers Association has sent yet another letter to the state’s Department of Motor Vehicles explaining how cruel and unfair Tesla’s approach is.
Tesla has won a round in its legal battle with the state of Michigan, but there is still a long way to go in its fight against that state’s franchise dealer law.
Things are heating up in the Tesla vs. car dealership associations fight, heating up quite a bit. The pioneering electric vehicle company very recently filed a constitutional challenge in the Western District of Michigan. In other words, things are going to the federal level, meaning that big changes are a possibility within the … [continued]
Originally published on EV Obsession. The Federal Trade Commission will be holding a series of panel discussions on the auto industry on January 19th, with a discussion on the topic of auto-dealer franchise laws being one of the topics. Tesla Motors’ general counsel Todd Maron will reportedly be amongst the … [continued]
