Mr. Musk also said the move to online-only sales would become a strategic advantage. But Mr. Gordon, the University of Michigan professor, questioned whether Tesla would be able to maintain growth without brick-and-mortar stores. “It’s a logical impossibility.”In the last three years, Tesla has missed several of the ambitious goals Mr. Musk has set. Mr. Musk announced last week that Tesla was accepting orders for a Model 3 priced at $35,000 — $8,000 less than the current basic model. But the federal tax credit on Tesla cars will drop to $1,875 on July 1, so none of the cars will be available for a total of less than $30,000, as he once heralded.

Source: New York Times March 06, 2019 17:09 UTC