Sources: AP, Bloomberg, WSJ, LA Times
quote: Tesla's business model isn't sustainable.
quote: Outside of Norway, European sales are “seemingly soft.” There is also the potential for a decline in Norway if electric vehicle incentives there are not renewed, he added. “Tesla will be dependent on strong Chinese demand,” Johnson said. “While we expect strong initial interest from early adopters in China, we see challenges to broader luxury market adoption.”
quote: Last year Tesla moved a little over 1,900 Model S sedans in Norway, its top market (and ironically also the European Union 's top oil producer)