Musk's Tesla plans to supply electricity in the UK: has applied for a license

Company Tesla Elon Musk has applied to the UK energy regulator Ofgem (Office of Gas and Electricity Markets) for a license to supply electricity to local households. About writes CNN.

If the British regulator grants the permit, Tesla will be able to enter the market and compete with large energy companies in England, Wales, and Scotland.

The application was submitted by Tesla Energy Ventures Limited, a Manchester-based company. The document was signed by the company's director Andrew Payne, who is responsible for Tesla's energy business in Europe, the Middle East and Africa.

Tesla is known not only for electric cars but also for energy products such as solar panels and energy storage systems. Last year, the company's revenue in this area almost doubled by $1.5 billion.

The company is already supplying electricity to customers in Texas. The plans to enter the British market coincide with a drop in Tesla car sales: in the second quarter of 2025, they fell by 16% globally and by 60% in the UK.

Tesla says that their goal is to simplify consumer access to clean energy and facilitate the transition of power grids to 100% renewable sources.

• Recently, Tesla suggested discounts and financial incentives for all models to support sales in the coming months.
• In the second quarter of 2025 Tesla sold 14% lesscars than in the same period last year.
• Tesla sales in Sweden, Denmark and France fall for the seventh month in a row.