Tesla, owned by Elon Musk, has applied to the UK's energy regulator, Ofgem, for a license to supply electricity to British homes. If approved, this would position Tesla as a direct competitor to established UK energy providers. The move signals Tesla's ambition to expand its energy services beyond electric vehicles and battery storage solutions into the residential energy market. The outcome of Ofgem's review will determine whether Tesla can enter the UK's competitive energy landscape and offer alternative power options to consumers.