New articlel in Vox by Matthew Yglesias: Car dealers are awful. It's time to kill the dumb laws that keep them in business. Car dealers are awful. Its time to kill the dumb laws that keep them in business. - Vox Interesting research that up to 30% of the cost of a car is the inefficient distribution network: "..the logistics of distributing cars is actually a very expensive part of the process. Research by Eric Marti, Garth Saloner, and Michael Spence has concluded that as much as 30 percent of the cost of a car is the cost of distribution. "But as Gerald Bodish wrote in a 2009 analysis from the US Department of Justice, the most expensive part of the whole process is hiding in plain sight — it's the stockpiles of unsold vehicles sitting around on dealers' lots. He observes that in late 2008, there was a staggering $100 billion worth of unsold dealer inventory, with an annual carrying cost of $890 million. Of course, Tesla is mentioned.