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Tesla's energy business wins approval to supply electricity in UK

ReutersMar 12, 2026 7:09 AM

- Britain's energy regulator Ofgem said on Thursday it had approved an electricity supply licence for Tesla Energy Ventures Limited, a subsidiary of Tesla TSLA.O, allowing the company to provide power to households and businesses across Britain.

The authorisation took effect on Wednesday after a months-long assessment process.

Ofgem said the licence covers electricity supply activities only and is separate from an existing generation licence held by Tesla Motors Limited.

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