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Transcript of Tesla Motors - Federal Trade Commission Motors. FTC WORKSHOP – Auto Distribution Todd Maron,...
Tesla Motors FTC WORKSHOP – Auto Distribution Todd Maron, General Counsel
1
Tesla’s Mission
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U.S. Auto Manufacturers
Tesla is Fundamentally Different
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Technology Stores Service
• No Local Sales & Service • Inconvenience • No Vehicle Financing • Limited Choices • Higher Prices • Stifling Technology & Innovation
The World Without Tesla
5
Consumers Want Direct Sales
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Los Angeles Times Triangle Business Journal Austin Business Journal
99% 97% 86%
State Laws – Direct Distribution
7
States with Tesla Stores Other Permissive States States Not Allowing Tesla
Rest of World
8
• Franchised Dealers • General Motors
Opposition is Purely Competitive
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“Unlike some EV customers, Bolt EV customers never have to worry about driving to another state to buy, service or support their vehicles.”
– Mary Barra @ CES
General Motors
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• Consumers • Economists • Legal Experts • Academics • Policy Think Tanks • FTC
Supporters of Direct Sales
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Conclusions
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Consumer Protection Competition/Free Market Innovation