Tesla (TSLA.US) Sees November Registrations Halved in France and Denmark Amid European Market Struggles

Stock News
12/01

Official data reveals that Tesla's monthly registrations—a proxy for sales—in France and Denmark dropped by half year-over-year in November. Despite launching its popular Model Y series, the electric vehicle maker continues to lose market share in Europe.

In France, Tesla's registrations plunged 58% to 1,593 units, while Denmark saw a 49% decline to 534 units. The Model Y ranked as Denmark's 23rd most popular model with just 206 units sold.

Tesla's slowdown in Europe began late last year when CEO Elon Musk publicly endorsed right-wing political figures, triggering widespread backlash. Although Musk has remained politically quiet recently, Tesla's European operations show no signs of recovery, pointing to deeper challenges.

Analysts note intensifying competition in Europe, particularly from new Chinese rivals, while Tesla's aging lineup further hampers growth. Despite Musk focusing much of this year on robotics and securing shareholder approval for his new compensation package, Tesla attempted to regain consumer interest with a refreshed Model Y earlier this year.

In October, Tesla introduced lower-priced versions of its flagship Model Y SUV and Model 3 sedan, though the latter remains unavailable in Europe.

According to Bilstatistik.dk, Scandinavia's largest auto database, Model 3 registrations in Denmark rose 29% to 326 units in November, making it the country's eighth best-selling model. Meanwhile, Mobility Denmark reported a 74% crash in Model Y registrations.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10