Tesla has been granted approval to supply electricity to homes and businesses across the UK, as Musk enters the UK’s retail energy market.

Energy regulator Ofgem confirmed on Thursday that Tesla Energy Ventures Limited, a subsidiary of Musk’s company, has been granted an electricity supply licence by the Gas and Electricity Markets Authority under the Electricity Act 1989.

  • Emsquared@piefed.socialEnglish
    4·
    3 months ago

    Giving the green light to this tells us a lot about Ofgem as a regulator. Let’s see how this plays out.