When last we spoke, New York’s auto dealers were lobbying ridiculously to screw over Tesla. Well, apparently their peers in New Jersey liked that idea so much that they stole it and convinced the governor’s office to fast-track it. Per Tesla’s blog post yesterday:
Proposal PRN 2013-138 seeks to impose stringent licensing rules that would, among other things, require all new motor vehicles to be sold through middlemen and block Tesla’s direct sales model. This move comes in spite of discussions with the Governor’s staff as recently as January, when it was agreed that Tesla and NJ CAR would address their issues in a more public forum: the New Jersey Legislature. Instead, rather than engage in an open debate on such a significant policy issue, the Administration has expedited the implementation of a new law that the Commission intends to stealthily approve at a meeting in Trenton today at 2:00 PM EDT.
See also: The Verge‘s summary of the situation.
Just a reminder that these kinds of unnecessary regulations hurt competition by raising new entrants’ costs. This has got to be the Chris Christie administration’s dumbest act of the year!