EnergyWatch

Pound's decline hits British appetite for electric cars

The price on a Tesla has increased by five percent in the UK.

Photo: Michael Porbst/AP

Model train lovers, chocoholics and Apple fans in the UK are among those who have been affected by the country's impending EU exit. Now, Tesla fans are feeling the pain.

Since Britons voted to leave the EU in June, the pound sterling has weakened significantly. This makes it more expensive to buy goods overseas and sends the prices up.

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