Fun fact: probably the main reason Tesla stock is valued so highly is that they're unencumbered by the century-old local dealer albatross that other car makers have wrapped around their necks.
Another fun fact: Teslas get serviced at Tesla-owned service locations, not Herm Shlobnik's Buick-Toyota-Tesla City
https://twitter.com/petroleumburner/status/1487056810636988425
I am not endorsing Tesla cars, I'm only pointing out their no-independent dealership model gives them a huge financial advantage over other car makers.
Other car makers would dearly love to move toward the Tesla no-middleman model, but it would cause a tsunami of lawsuits from their existing dealers. Car dealers are the tail that wags the auto industry dog, and are among the most powerful political funders at the state level.
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