Thread by @PlainSite

Breaking: $TSLA sued by consortium of auto manufacturers in NJ over direct-to-consumer vehicle sales. plainsite.org/dockets/41wtep…

Some of the more interesting parts...

The @FTC should have tackled this plain-sight violation of the FTC Act years ago. CC: @chopraftc

@FTC @chopraftc And of course, how can one truly sue Tesla without touching on Autopilot (AutoPilot?) and "full self-driving?"

@FTC @chopraftc This lawsuit also documents $TSLA being cited for giving customers "improper temporary registrations," as widely reported on the internet.

@FTC @chopraftc There are more than a few violations, and these are just based on random samples by investigators.

@FTC @chopraftc Was the fact that Tesla's business model contradicted NJ regulations—the one actually in use on a daily basis—ever disclosed to investors? $TSLA knew since 2017.

@FTC @chopraftc Jonathan Chang's letter to NJ regulators pleading for mercy is part of Exhibit 2 (Attachment 2 on the docket). Here, we have $TSLA acknowledging its temporary registration problem in writing.

@FTC @chopraftc In 2018, NJ regulators are back with *more* violations.