Elon Musk’s Tesla approved to enter UK energy market amid security concerns
The world’s richest man, Elon Musk, could soon have sway over the UK’s private energy sector after its subsidiary, Tesla Energy Ventures, received approval to operate as an electricity supplier in the United Kingdom. The licence, granted by the UK energy regulator, clears the path for the company to enter a market that has faced turbulence in recent years and rising concern among households over an ongoing cost-of-living crisis.
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