Tesla closes gap on Britain’s biggest carmakers as sales surge 75pc
Telegraph
23-05-19 13:21
Revenue at Tesla Motors UK rose 75% to £2.8bn last year despite spiralling electricity prices eating into sales demand for electric vehicles. The manufacturer registered profits of £31m. The company has reduced the prices of its leading models in the UK to boost sales. Tesla's Model Y sold 35,551 vehicles last year, making it Britain's most popular electric car. Policymakers and industry analysts suggested the market for EVs had peaked, and less-affluent buyers were deterred by persistently high battery prices.