Tesla, led by CEO Elon Musk, has announced plans to enter the UK electricity market by supplying power directly to British households.
The move marks Tesla’s expansion beyond electric vehicles and energy storage into retail energy supply, leveraging its advanced battery technology and renewable energy expertise. By offering cleaner, more efficient electricity options, Tesla aims to challenge traditional energy suppliers and accelerate the UK’s transition to sustainable energy.
Industry analysts suggest Tesla’s entry could increase competition, potentially driving down costs and fostering innovation in the UK’s energy sector as the country seeks to meet its net-zero carbon targets.
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