Ofgem can take up to nine months to process applications for energy supply licences.<\/p>\n
Tesla Electric already operates a power supplier in Texas that allows owners of its EVs to charge their cars cheaply and pays them for feeding surplus electricity back to the grid.<\/p>\n
The application, which was signed by Andrew Payne who runs Tesla’s European energy operations, was filed late last month.<\/p>\n
Tesla has sold more than a quarter of a million EVs and tens of thousands of home storage batteries in the UK, which could help it gain access to a sizeable customer base for an electricity supply business.<\/p>\n
The Ofgem licence application comes as Tesla’s EV sales have fallen across Europe in recent months.<\/p>\n
In July, UK car registrations of Teslas fell by almost 60% and by more 55% in Germany, industry data showed.<\/p>\n
That took the firm’s sales decline in the month to 45% in 10 key European markets.<\/p>\n
Tesla has faced tough competition from rival EV makers, especially China’s BYD.<\/p>\n
Musk has also been criticised for his relationship with US President Donald Trump, although the two have now very publicly fallen out. <\/p>\n
His involvement in right-wing politics in the UK, Germany and Italy, meanwhile, has drawn ire from some of Tesla’s customers.<\/p>\n","protected":false},"excerpt":{"rendered":"Ofgem can take up to nine months to process applications for energy supply licences. Tesla Electric already operates…\n","protected":false},"author":2,"featured_media":335138,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13,12,14],"class_list":{"0":"post-335137","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-headlines","9":"tag-news","10":"tag-top-stories"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115008929138614420","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/335137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=335137"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/335137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/335138"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=335137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=335137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=335137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}