Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Tesla Approved to Supply Electricity Across UK, Energy Sector Permitted to Sell Power to Homes and Businesses
Tesla has received regulatory approval to sell electricity across the UK, marking another step in the company’s expansion from electric vehicles into the energy market.
The UK energy regulator Ofgem approved the application from its subsidiary, Tesla Energy Risk Investments Limited. Tesla’s electricity supply license allows it to directly supply power to homes and businesses throughout the UK.
After months of review, officials approved the company’s application on Wednesday. Ofgem stated that Tesla meets all UK requirements for electricity suppliers.
The regulator said Tesla will adhere to the same standards, supervision, and enforcement requirements as other licensed suppliers. This includes consumer protection, market regulation, and penalties for violations.
Tesla is building its energy infrastructure business alongside its electric vehicle operations. The company offers solar energy, battery storage, and grid services, and the new license could enable it to enter the UK energy market.
Tesla has previously collaborated with the UK energy industry. In 2020, Tesla Motors Limited obtained a generation license unrelated to its latest supply license.