Tesla Plans to Expand Into UK Energy Market

Tesla Electric to launch retail electricity product in the UK
Company will seek to obtain electricity supply license

Fast charging stations for Tesla Inc. cars in the UK.Photographer: Matthew Lloyd/Bloomberg

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By Lars Mucklejohn

July 12, 2023 at 9:40 AM UTC

Updated on

July 12, 2023 at 11:03 AM UTC

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Tesla Inc. is hiring a leader for its new retail electricity business as it looks to expand into the UK energy market.

The company plans to launch a “retail electricity product in the UK” as part of Tesla Electric, which currently sells power to consumers in select markets such as Texas. The company plans to register with the UK industry regulator as a household electricity provider, according to a job advertisement on its website.