Close popover Elon Musk’s Tesla has been given the green light to start supplying electricity to households and businesses in Britain (PA) Ofgem, the UK's energy regulator, has approved Tesla Energy Ventures, a subsidiary of Tesla, to operate as an electricity supplier in Britain. This decision introduces a new competitor into the UK energy market, arriving at a time of heightened concerns over escalating utility bills. Tesla Energy Ventures will focus solely on electricity supply, as it does not possess licences for gas distribution. The company intends to leverage its expertise in solar energy and battery storage to challenge established providers in the British market. The approval follows a regulatory process initiated in July of the previous year, paving the way for the company to expand its operations in the UK. In full