Tesla almost halves UK monthly lease fee as sales slump, The Times reports. Well, that’s certainly a headline that grabs your attention, doesn’t it? It seems like the electric vehicle market is facing some headwinds in the UK, particularly for Tesla, if we’re to believe the reports. A significant drop in sales – around 60% in July, to be precise, with the Society of Motor Manufacturers and Traders (SMMT) data backing that up – is leading Tesla to make some pretty drastic moves, like slashing those monthly lease fees.
The interesting thing is that this isn’t happening in a vacuum. Overall new car registrations in the UK also dipped in July, though the decline was only about 5%.… Continue reading
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Matt Underwood 
John Q. Hosedrinker