people are buying very substantial products directly from manufacturers across our economy. these dealer distribution monopolies, whether enshrined in law or practice, are really anomalous. in every other industry you have manufacturers selling to consumers and also to third-parties, to retailers and franchise dealerships or franchise stores. and so it s really the fact as i said, it s exceptional that this is still the case that you have these horizontal monopolies, distribution monopolies in the dealership world. but i understand the instinct of the dealers in these states. it s a very good business. it s a protected business. and any businessman who enjoys those sorts of advantages would be within their rights to protect it. diarmuid o connell, vice president of business development at tesla, thank you very much. it s throwback thursday and
musk responded to that, if you believe this, governor christie has a bridge closure he wants to sell you. unless they re referring to the mafia version of protection, this is obviously untrue. now tesla has won. yesterday christie signed a bill allowing the company to sell its cars to consumers in up to four new jersey locations. while musk was celebrating, new jersey car dealers were outraged with their trade association saying the tesla factory store model creates a monopoly and steers money and jobs out of new jersey and into silicon valley. joining me, diarmuid o connell, tesla s vice president of business development. mr. o connell, how did you get the job done? how did you win? well, you know, it s an interesting story, but i should probably add a little context here. you characterize this as a story of our survival. the truth is, that we ve been largely successful in opening up
people are buying very substantial products directly from manufacturers across our economy. these dealer distribution monopolies, whether enshrined in law or practice, are really anomalous. in every other industry you have manufacturers selling to consumers and also to third-parties, to retailers and franchise dealerships or franchise stores. and so it s really the fact as i said, it s exceptional that this is still the case that you have these horizontal monopolies, distribution monopolies in the dealership world. but i understand the instinct of the dealers in these states. it s a very good business. it s a protected business. and any businessman who enjoys those sorts of advantages would be within their rights to protect it. diarmuid o connell, vice president of business development at tesla, thank you very much. it s throwback thursday and
has a bridge closure he wants to sell you. unless they re referring to the mafia version of protection, this is obviously untrue. now tesla has won. yesterday christie signed a bill allowing the company to sell its cars to consumers in up to four locations. while musk was celebrating, new jersey car dealers were outraged with their trade association saying the tesla factory store model creates a monopoly and steers money and jobs out of new jersey and into silicon valley. joining me, diarmuid o connell, tesla s vice president of business development. mr. o connell, how did you get the job done? how did you win? well, you know, it s an interesting story, but i should probably add a little context here. you characterize this as a story of our survival. the truth is, that we ve been largely successful in opening up stores around the country. the truth is, in most states, this is non-controversial.