Mistakes can be made with paperwork. So if you find yourself having to make a case for yourself later, it helps to have all of this on record.
Government Spending Left to its own devices, Tesla one day might have epitomized everything good about market economics. In an industry whose fundamentals have changed little since the introduction of the Model T, the California-based company, led by the visionary Elon Musk, made a long-term bet that it could prevail through disruptive innovation and superior products Motor Trend named its Model S the Car of the Year, and Consumer Reports raved about it.
Instead, Tesla now epitomizes the folly of government intervention. Many states also offer their own incentives, including tax rebates, property tax reductions or exemptions, and sales tax exemptions worth thousands of dollars more.
Some states also offer perks such as exemption from annual inspection requirements and use of HOV lanes. And then there is California, a world unto itself. Jerry Brown insists that 1.
In fact, electric vehicles in regions where coal makes up a large share of the generation capacity are more carbon-intensive than high-mpg cars with internal combustion engines. But there are two problems with setting quotas for electric vehicles.
So California lets other car makers meet the rule by purchasing credits from EV makers, which for now means Nissan and Tesla. Still, some people who can afford to do so want to buy Teslas. Unfortunately, states across the country are doing their best to stop them.
But until recently that was about all you could do. And you absolutely, positively could not buy a Tesla then and there. Those restrictions still exist in most other states: Forty-eight states forbid Tesla to sell cars directly to consumers, which is how the company likes to do business.
Tesla has a variety of reasons for that: And independent automobile dealers are fighting furiously to keep Tesla out of their backyards.
In North Carolina, the State Senate passed a bill to forbid vehicle sales except through a franchised dealer. Some Virginia dealers wanted to keep it that way.
But their motives are not solely altruistic. If Tesla succeeds in challenging the franchise model, other car makers might do the same — and then dealerships would be in for a world of hurt.
They would still make money, but probably nowhere near as much as they do now. And the rationales the dealers offer to justify government-enforced protection of their turf make no more sense than similar justifications would make in other industries.
Imagine, for instance, if states insisted that bloggers and advertisers who want to reach the public could do so only through newspaper websites, in order to preserve local jobs and the fact-checking process. But its treatment at the hands of big government is as old as Appian Way.
This article originally appeared in the Richmond Times-Dispatch. Barton Hinkle is senior editorial writer and a columnist at the Richmond Times-Dispatch.Vice President Joe Biden admits that the government intervening with the free market and providing subsidies for students to attend college have contributed to .
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