Elon Musk’s Tesla poised to launch British household electricity supplier

Tesla's another source of revenue.

Quote:

Elon Musk’s Tesla is poised to gatecrash Britain’s energy market by selling electricity to households.

Tesla is best known as the world’s biggest maker of electric cars but also sells home batteries, which cost around £9,500 to install. Between 10,000 and 20,000 are believed to have been put into UK households, according to an industry source. Owners of Tesla cars could also eventually use the service, under Ofgem plans to allow electric vehicles to sell electricity back to the grid.

Mr Musk suggested earlier this year that Tesla would manufacture and sell its own heat pumps, which are seen as critical to moving households away from gas-powered heating and onto electricity.

Source:

Elon Musk’s Tesla poised to launch British household electricity supplier - The Telegraph

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