The New Jersey Motor Vehicle Commission on Tuesday adopted a rule that blocks the company from selling directly to consumers in the state. Palo Alto-headquartered Tesla Motors is not happy with this move.
Vinod Khosla, founder of venture capital firm Khosla Ventures, spoke at Stanford’s Entrepreneurship Week Tuesday. He told entrepreneurs to break rules, not be afraid of being unreasonable and embrace failure.
Palo Alto based electric car manufacturer, Tesla Motors posted better than expected earnings bolstered by greater revenues and increasing activity in their powertrain business with Toyota and Daimler AG.