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America First News
17 Jun 2023
#economy
The Epoch Times: Florida Restricts Direct Car Sales for Legacy Automakers, Allows Exceptions for Tesla
Florida Gov. Ron DeSantis has signed a new law that limits most car manufacturers from selling vehicles directly to the public but provides advantages to EV makers such as Tesla, Lucid, Rivian, and Polestar. The legislation imposes obstacles for major car manufacturers, which are prohibited from bypassing independent dealerships and selling vehicles directly to consumers if they had existing agreements with independent dealers in the state prior to the law’s enactment. Florida is the only state with a carve-out that benefits certain companies, enabling Tesla to continue selling its vehicles directly to buyers without an intermediary. The legislation also prevents automakers from dictating specific prices to franchise dealers and requires manufacturers to maintain vehicle allocations to dealerships at previous levels.
Foreign Policy: Can Avinash Persaud Convince Capitalists to Embrace Green Growth?
Avinash Persaud is a banker turned green developmentalist who is testing the limits of what can be accomplished within the existing financial architecture. He is trying to fix a lopsided global financial system, proposing a plan to lower the cost of borrowing for green investment in poor countries and reform international financial flows to help poor markets spend countercyclically during market contractions and industrialize without destroying the planet. Persaud, who is the climate envoy to Barbados Prime Minister Mia Mottley, is also promoting development that would push up wages and make his neighbors less able to afford their gardeners and domestic help. ( )