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Elon Musk likens NJ vote to mafia tactics

When the New Jersey Motor Vehicle Commission decided on Tuesday to block Tesla Motors from selling cars from its stores in the Garden State, it may have inadvertently kicked a hornet's nest. Perhaps they thought no one was looking. Maybe they imagined no one would really care. If so, they were wrong. People do care, and there's some stinging criticism going on. One individual in particular cares an awful lot. As co-founder and CEO of Tesla, Elon Musk takes extreme umbrage when his baby is subject to what he feels is unfair treatment. Whether it be from the media or from politically-manipulative foes like automobile dealer's associations. Never one to hold back, the entrepreneur has penned a piece directly to the people of New Jersey, making his case for manufacturer-to-consumer sales. It also explains how the company will operate there as of April 1st when the new rules take effect. He also pointedly questions the dealers association's reasoning for asking for the change. And we quote, The rationale given for the regulation change that requires auto companies to sell through dealers is that it ensures "consumer protection". If you believe this, Gov. Christie has a bridge closure he wants to sell you! Unless they are referring to the mafia version of "protection", this is obviously untrue. The uproar is not limited to Tesla insiders, or even the automaker's many fans. Apparently, people still care whether or not their government reeks of corruption, and in this case the smell wafting from New Jersey has attracted a lot of people's attention. A White House petition asking the Obama administration to "Inform New Jersey that markets should be free for Tesla Motors and for everyone" has attracted the attention of over 97,000 signatures 2,615 signatures in a few short days. The petition, though not legally binding, and the outrage in comments following articles on the issue ought to be a warning bell to politicians who trumpet the importance of the free market (or environmental concerns, as the case may be), and then act seemingly contrary to those convictions. For now, Tesla is said to be mulling a legal remedy, but we would not be surprised to see a Political Action Committee (PAC) arise in the future that could take the company's concerns directly to voters. You can read Musk's letter, "To the People of New Jersey" here. If you're so inclined, you can add your name to the petition here. As always, feel free to let us know your take in the Comments.

Tesla puts emphasis on hiring military veterans

When we think of American car companies, brands that come to mind immediately are Ford, General Motors, Chrysler, and if you're an AutoblogGreen reader, Tesla Motors. The California-based maker of electric vehicles doesn't treat that lightly, as we find in an article from the San Jose Mercury News, which profiles the company's efforts to reach out to and hire US military veterans. "We want to be known throughout the veteran community as a great place to work," says Tesla's vice president of human resources, Arnnon Geshuri. Tesla appears to be achieving that goal, and is just getting started. Tesla has risen to the top among workplaces for veterans. Already, about 300 of Tesla's 6,000 or so employees are veterans, or about five percent, with another 600 vets currently involved in the hiring process. Tesla continues to seek out vets to fill its ranks, and for good reason. VetJobs CEO and president Ted Daywalt points out that veterans communicate especially well with each other, having experience in military speak, which is helpful in the workplace. Daywalt notes that "Tesla has risen to the top" among workplaces for veterans. Tesla works to recruit veterans directly, through word of mouth and veterans groups and at events like job fairs. For Tesla, veterans also bring special expertise that lends itself well to building electric cars. Besides their technical knowledge about mechanics and electronics, they also excel in teamwork, discipline and leadership skills. Tesla holds regular casual meetings for vets, where they can get to know each other and share their own ideas for how the company can improve itself. The relationship between Tesla Motors and its veteran employees is a mutually beneficial one. Tesla gets a disciplined workforce with unique qualifications, and the veterans have an easier time transitioning back to normal life when returning from duty. Having a job waiting for them when they get home is a benefit for vets, as is working for a company that is flexible with their schedules for those who are still enlisted. Tesla held employee Megan Gates' position while she was on duty for two years, and she remains comfortable balancing her National Guard service with her work. "I give Tesla my schedule and say 'these are the weekends I need to leave,' and they work around that schedule," she says. "Everyone here is so supportive." Remember the good old days, when Tesla made its employees work like 68 hours a week?

Stocks down as automakers, Boeing lead China's hit list in trade spat

Shares in U.S. exporters of everything from planes to tractors fell on Wednesday after China retaliated against the Trump administration's tariff plans by proposing duties on key U.S. imports including soybeans, beef and chemicals. U.S. automakers' products are prominent on China's list of tariff targets, yet shares of automakers ended higher on Wednesday as Wall Street stocks changed course in the afternoon when investors' trade fears subsided. Tesla shares closed 7.3 percent higher at $286.94, Ford shares gained 1.6 percent to close at $11.33, and GM shares were up 3 percent at $38.03. Aircraft maker Boeing closed down 1 percent, weighing the most on the Dow Jones Industrial Average as documents from China's Ministry of Commerce and the U.S. manufacturer showed the move would affect some older Boeing narrowbody models. It was not immediately clear how much the tariffs would impact its newer aircraft. Boeing said it was assessing the situation while analysts from JP Morgan said the proposals from China looked to have been calibrated carefully to avoid a major impact on the planemaker. Fellow Dow component 3M lost as much as 2.4 percent. And farming equipment maker Deere lost nearly $10 per share at its lowest. The company urged the two countries to work toward a resolution to "limit uncertainty for farmers and avoid meaningful disruptions to agricultural trade." The speed with which the trade spat between Washington and Beijing is ratcheting up — the Chinese government took less than 11 hours to respond with its own measures — led to a sharp selloff in global stock markets and commodities. China was hitting back against U.S. President Donald Trump's plans to impose tariffs on $50 billion in Chinese goods with similar tariffs on U.S. goods even as Trump said the country is "not in a trade war with China." "Everybody knew they were going to retaliate. The question was how strong of a retaliation. Today's move clearly shows that they mean business," said Adam Sarhan, chief executive of 50 Park Investments in New York. China levied 25 percent additional tariffs on U.S. goods, but unlike Washington's list that covers many obscure industrial items, Beijing's covers 106 key U.S. imports including soybeans, planes, cars, whiskey and chemicals. Trump denied that the tit-for-tat moves amounted to a trade war between the world's two economic superpowers.