Tesla has received an official electricity supply license from Ofgem in the UK, enabling its new Tesla Energy Ventures division to sell electricity directly to households and businesses. This puts Tesla in direct competition with established UK utilities like EDF, E.ON, and Octopus Energy — the latter being the UK's largest utility, known for its software-driven, renewable-focused approach, making the rivalry particularly notable. Tesla has prior experience in energy markets through Powerwall, SolarCity, and its Texas-based Tesla Electric service.
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