Do not trade this blog since 4 billion years of evolution is against my judgment and maybe God himself too!
What remains of demand for $TSLA Model 3 after the rush of virtue signaling subsides? The answer is the organic demand, scratch a bit deeper, not much!
Neither the US or the EU are homogenous markets but the differences within the EU are much more pronounced, or easier to document than in the US.
The plots represent data collected by @fly4dat twitter post including a spreadsheet with data on EU countries. I only replotted this data, so that you can with a glance visualize the decline or assent of the demand in a given country.
The data covers with some uncertainty the partial data in Q1 2020, otherwise, the rest is actual numbers.
The EU overall;
$TSLA moves from one market to another, once the V-S demand is gone and what left is the organic demand it pours its cars in the next target preserving the perception of at least constant demand. Examples follow.
The Catastrophe – Norway