Tesla can now supply electricity to homes and businesses
Tesla just scored a license to supply electricity across Great Britain, marking a big step beyond cars for the company.
With the license now granted, Tesla can supply electricity to homes and businesses, a move that comes as their UK car sales have taken a hit.
The license lets Tesla roll out its Texas-style setup
This license lets Tesla roll out its Texas-style setup in Great Britain: think cheaper EV charging and programs that pay customers for exporting stored battery power.
The application took several months, with Tesla's European energy team involved.
Tesla's EV sales in the UK have dropped significantly
Even though Tesla has sold more than 250,000 electric vehicles and some homes have Powerwalls, sales dropped 37% this February compared to last year.
To bounce back, Tesla launched a lower-priced Model 3 to try and win back some ground from rivals like BYD and BMW.