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Wednesday, 19 March 2014

Auto dealers fire back at Tesla CEO: 'This Musk guy, he wants all the profits for himself'


Last week, New Jersey announced that it would begin enforcing a ban on the direct sale of automobiles by manufacturers, a change that will cripple electric-vehicle maker Tesla’s business in that state. The company’s CEO, Elon Musk, responded with a fiery blog post accusing state legislators of cutting a backroom deal with traditional franchised auto retailers — retailers with which Tesla has consistently refused to do business — and playing by "mafia" rules. It was tough talk from a a brilliant and powerful billionaire, but the Garden State’s car salesmen aren’t taking the criticism lying down.


"He needs to stop and take a breath."


"He needs to stop and take a breath," said Jim Appleton, the president of the New Jersey...


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