Elon Musk’s electric car firm Tesla is preparing for a new investment in the UK. The company revealed that it wants to obtain a license for the right to sell electricity with an application to the authorities responsible for regulating the energy market in the UK. As the eyes turned to Tesla upon this development, no official statement was made from the company yet. It was seen that there was no other detail in The Telegraph news which prepared a news about the subject. Tesla is in the focus of speculation The fact that Tesla did not elaborate on his application brought speculation with him. When we look at the history of the company, we see that in some regions, it has experience in building battery storage facilities for its customers. The firm’s project to build a power plant in South Australia with 50,000 rooftop solar panels is also ongoing. So Tesla has a history of producing and storing electricity. On the other hand, Tesla’s experiences are not very suitable for the UK. In a constantly raining country, solar panels are not very efficient. Still, the firm can set up a network or store electricity from the panels, as we’ve seen in Vermont before. Tesla doesn’t just build cars Although Tesla’s final product is an electric car, the company also produces many parts of this car. The company also produces a large amount of batteries. Even the battery company that produces cars for Tesla is not very unreasonable. This feature of the firm may also provide an important clue to determine the characteristics of the new investment in the UK. In other words, Tesla may also be after using the UK for its products such as electrical equipment and batteries. Tesla, which has been the subject of frequent news recently, has lost serious value after the statements made by Elon Musk. Regardless of its current status, the electric car and battery manufacturer continues to lead the automobile industry, especially in the replacement of fossil fuel systems without carbon emissions.

Tesla Applies To License To Sell Electricity In The UK - 89