Tesla Cuts UK Leasing Prices Amid 60% Drop in July Sales
Tesla Leasing Prices Drop: Tesla leasing prices in the UK have decreased significantly, with the Model 3 now available for £252 per month, down from £600–£700 last year, and the Model Y dropping to between £377 and £400.
Sales Decline: Tesla's sales in the UK plummeted by 60% year-on-year, with only 987 new cars registered in July 2025 compared to 2,462 units the previous year, reflecting both brand-specific issues and a broader market decline.
Increased Competition: The company faces growing competition from budget-friendly electric vehicle manufacturers like BYD, which has seen significant sales growth, offering alternatives that appeal to cost-conscious consumers.
Inventory Challenges: Tesla is struggling with excess inventory, leading to price cuts as dealers and leasing firms attempt to manage stock levels, raising concerns about the potential impact on Tesla's premium brand image.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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