Audio By Carbonatix
British motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources.
Tesla has been forced to offer discounts of up to 40% to car leasing companies to shift more units, the report said.
Reuters could not immediately confirm the report. Tesla did not immediately respond to a Reuters request for comment.
Tesla's July sales in the UK fell about 60% to 987 units in July, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT).
British new car registrations overall fell about 5% year-on-year in July, according to the SMMT.
Battery electric vehicles are now projected to account for 23.8% of new registrations in 2025, slightly up from SMMT's previous forecast of 23.5%.
Latest Stories
-
Vice President calls for stronger review of education initiatives in talks with Jacob’s Foundation
58 seconds -
I am very hopeful about Ken Ofori-Atta’s return— Ayine
4 minutes -
58% of Ghanaians happy with direction of country – IEA survey
10 minutes -
From soil to space to sea
11 minutes -
Bekwai roundabout to Santasi road to be completed by July – Contractor
13 minutes -
Beyond Algorithms: How the Visionary Prompt Framework can rewire banking and micro-lending in Africa
18 minutes -
Subriso residents plead for action as Manfo-Subriso road deteriorates
20 minutes -
Madam Florence Otabil aka Aba Simpa
29 minutes -
Register with CIHRM and be in good standing – Dr Eduku to HR practitioners
32 minutes -
Life sentence for man who killed Japan’s ex-PM Shinzo Abe
32 minutes -
US Justice department working on extradition request for former Finance Minister – Ayine
33 minutes -
Volta chiefs reaffirm commitment to working with Interior Ministry to safeguard peace
34 minutes -
Multidimensional Poverty drops to 21.9% in Ghana – GSS
43 minutes -
Chief Justice pays courtesy call on Finance Minister
45 minutes -
“I’m here to finish what I started” – Albert Amoah on Kotoko return
46 minutes