Tesla Motors Inc (TSLA) Model S U.K. Price Well Below Expectations

Tesla Motors Inc (NASDAQ:TSLA) has announced that the Model S will cost £49,900 after a government grant is taken into account, making it less expensive to buy in the U.K. than in the rest of Europe and much less expensive than analysts had expected, reports Faye Sunderland for TheGreenCar.

Tesla Model S costs

The Tesla Model S costs €72,600, roughly £59,000, in continental Europe and analysts had expected the additional costs necessary to convert the Model S for driving in the left lane could push...