Tesla obtains electricity supply licence in the United Kingdom

Tesla obtains electricity supply licence in the United Kingdom

Tesla has obtained a licence to supply electricity to businesses and households in the United Kingdom. Tesla's arrival on the supply market could shake up the British market ten years after Octopus Energy entered the market. Tesla joins a cohort of new suppliers such as Fuse Energy that want to capitalise on consumer enthusiasm for solar panels and batteries. While Elon Musk's personality is a subject of debate in the United Kingdom, the regulator Ofgem has emphasised that the decision to subscribe to a Tesla Energy Ventures offer is ultimately up to British consumers.