Tesla Motors Inc CEO Musk Accuses NJ Gov. Christie Of 'Backroom Deal'

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Mark Melin
Published on
Updated on

Coming on the heels of New Jersey banning direct auto sales – blocking Tesla Motors Inc (NASDAQ:TSLA) from conducting business in the garden state – Elon Musk fires back with an impassioned letter to residents of New Jersey, directly attacking Gov. Chris Christie. Musk accuses Gov. Christie of “backroom deal” with auto lobby “Governor Christie had promised that this would be put to a vote of the elected state legislature, which is the appropriate way to change the law,” Musk writes. When it became apparent that Tesla might prevail over the auto dealer lobby, who was pushing for the Tesla…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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