Elon Musk’s Tesla has formally submitted an application to the UK energy regulator Ofgem for a licence to supply electricity across England, Scotland, and Wales. If granted, Tesla could join the UK energy market as early as next year, competing directly with established electricity providers.
While Tesla is best known as a global leader in electric vehicles, the company also operates in solar power and battery storage. In the UK, Tesla has already sold over 250,000 electric vehicles along with tens of thousands of home battery units, providing a strong potential customer base for its electricity supply services.
Tesla’s move follows its successful energy supply operations in Texas, where the company offers low-cost EV charging and compensates owners for returning surplus electricity to the grid. The UK licensing process typically takes up to nine months.
This strategic pivot comes amid a significant downturn in Tesla’s European vehicle sales, with UK registrations dropping nearly 60 percent in July and Germany experiencing a 55 percent fall. Tesla faces rising competition from other EV makers, notably China’s BYD.
Additionally, Elon Musk’s political associations and controversies have sparked criticism among some customers in Europe, adding complexity to Tesla’s brand perception as it expands its business in the region.
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