
Here’s Why Tesla And BitAuto Will Kill Auto Dealers
• http://www.businessinsider.com, EstimizeLast Tuesday, New Jersey became the 3rd state in the country to explicitly ban direct auto selling, effectively outlawing the sale of Tesla (TSLA) electric cars.
Perhaps electric powered cars are more efficient than gasoline/diesel powered. Consider what might be the real reason.
If a large number of the people switched to all-electric, it would reduce the amounts of gasoline tax. In order to recoup the taxes, the State would have do some juggling that might offend - or actually harm - a whole bunch of State citizens. It could be an election changer.