Tesla Applies for UK Energy Licence

Elon Musk’s Tesla has applied for a licence to supply electricity to British homes and businesses, a move that could see the US-based firm directly enter the UK’s highly regulated energy market from 2026.

What Has Tesla Done?

The application was formally submitted on 25 July by Tesla Energy Ventures Limited, a UK-registered company under the wider Tesla umbrella. Ofgem, the UK’s energy regulator, confirmed the licence request on its website and set a consultation period until 22 August for stakeholders to submit comments. In line with the Utilities Act 2000, Ofgem has only published the notice of application, limiting further detail. If approved, the licence would allow Tesla to operate as a retail electricity supplier across England, Scotland and Wales.