More Brexit fall-out: Tesla hikes UK prices for 2017

Published: 26 December 2016

► Tesla confirms UK price increases
► Currency fluctuations blamed
► Model S, Model X jump by 5% 

The fall-out from Brexit and the world's wobbly political uncertainty continues: Tesla is planning a chunky price rise in 2017, CAR magazine has learned.

Dealers have contacted us with details of a 5% price rise, as the electric car specialist moves to protect itself from currency fluctuations.

Tesla Motors is not alone. Other American manufacturers, including computer giant Apple, have already raised prices, blaming the shift in dollar-sterling values since the Brexit vote in June 2016 when the United Kingdom voted in a referendum to quit the EU.

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Tesla increases UK prices: which models are affected?

Marketing emails from dealers (see below) have been remarkably candid, encouraging punters to buy before the price rise.

They reveal that both the Model S executive saloon and Model X crossover will cost more from next month.

'Due to currency fluctuations we will be increasing our UK prices for custom orders of both Model S and Model X by 5% on 1 January 2017,' the marketing email said. 'Prices on showroom and pre-owned cars will remain fixed at current prices and unlimited free Supercharging is still available for any Tesla ordered before 31 December 2016. 

'We have also have a fantastic range of pre-owned and (new) showroom Model S vehicles on site for delivery before the New Year and with prices starting from £479/month (BCP) there has never been a better moment to order your Model S.'

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The email from Tesla

By Tim Pollard

Editorial director of CAR's digital publishing arm. Motoring news magnet

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