Tesla is preparing to launch a household electricity supplier in Great Britain, having applied for an electricity supply licence from Ofgem. This move will allow Tesla to provide electricity to homes and businesses in England, Scotland, and Wales. The new enterprise, potentially branded Tesla Electric, will focus on customers who own Tesla products like cars and batteries. This development comes as Tesla's car sales in the UK decline significantly, with recent data showing a sharp drop in registrations.
The US electric car manufacturer run by the world's richest man has formally applied to the energy regulator for Great Britain, Ofgem, for an electricity supply licence.
This would enable Tesla to provide electricity to domestic and business premises in England, Scotland and Wales as soon as next year.
Tesla Energy Ventures, the company's Manchester-based energy subsidiary, made the application last month, and the move was first reported by the Sunday Telegraph.
Only 987 new Teslas were registered in the UK in July, down almost 60% on the 2,462 registered in July 2024.
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