Tesla Energy, the energy subsidiary of Elon Musk's Tesla Inc., has applied for a license from the British energy regulator Ofgem to supply electricity to households and businesses across England, Scotland, and Wales. The application, submitted at the end of July 2025, marks Tesla's first move to enter the UK energy market and its first electricity supply bid outside the United States. If approved, Tesla could begin supplying electricity as early as 2026, potentially challenging established British energy providers. The company plans to integrate its electric vehicle (EV) technology, solar power, and home battery storage services, possibly enabling customers to export electricity from their EVs and home batteries back to the grid through Tesla's app, effectively operating a virtual power plant. This strategic expansion into the UK energy sector comes amid Tesla's declining EV sales in Europe and increasing competition from Chinese rivals, as well as heightened political scrutiny of the energy market. Tesla's shares rose by about 5% following the announcement of the licensing application.