Musk's Tesla applies to supply power to British homes
Summary
Tesla has applied for a license to supply electricity to homes in the UK. If approved, Tesla could compete with major energy companies to provide power to households and businesses.Key Facts
- Tesla applied for a UK electricity supply license from Ofgem.
- Approval could allow Tesla to supply power in the UK next year.
- Tesla is known for electric cars and solar energy products.
- Ofgem may take up to nine months to review the application.
- Tesla already operates a power supplier in Texas.
- Tesla has sold over 250,000 electric cars and many home batteries in the UK.
- Recent months have seen a decline in Tesla's EV sales in Europe.
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