“The NY Times has a very bad article on Tesla…”

…but Alex Tabarrok offers some corrective regarding the structure of the auto dealership business, including the rent-seeking dealership protection laws that have snagged the startup automaker [Marginal Revolution, drawing on Francine Lafontaine and Fiona Scott Morton, “State Franchise Laws, Dealer Terminations, and the Auto Crisis”, Journal of Economic Perspectives, 2010).

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