Interesting shift in the European EV landscape - a certain major electric vehicle maker just posted some rough numbers for November. Registration data from France and Denmark shows a 50% year-over-year plunge, which is pretty significant considering they just launched updated variants of their flagship crossover SUV.
Market share took a hit too, even with the new Model Y rollout that was supposed to boost sales. Wonder if this signals changing consumer sentiment in those markets, or if competition is finally catching up. Either way, that's a steep drop that'll definitely grab attention in earnings discussions.
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LostBetweenChains
· 6h ago
50% Slump directly? The new Y can't save it, Europeans are really starting to fall in love with someone else.
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ForkItAllDay
· 7h ago
50% big dump? Haha, the new model hasn't saved it yet... European consumers are really starting to look at other options.
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GmGnSleeper
· 7h ago
50% Slump directly? The new models can't save it, has European taste really changed or has it been badly affected?
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DefiSecurityGuard
· 7h ago
⚠️ hold up - 50% drop right after a product launch? that's giving major red flags. something doesn't add up here, ngl. DYOR before anyone goes all bullish on this narrative.
Interesting shift in the European EV landscape - a certain major electric vehicle maker just posted some rough numbers for November. Registration data from France and Denmark shows a 50% year-over-year plunge, which is pretty significant considering they just launched updated variants of their flagship crossover SUV.
Market share took a hit too, even with the new Model Y rollout that was supposed to boost sales. Wonder if this signals changing consumer sentiment in those markets, or if competition is finally catching up. Either way, that's a steep drop that'll definitely grab attention in earnings discussions.