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tesla energy ventures

  • Tesla: UK sales slump by £500m as profit slashed

    Transport and infrastructure

    Sales at the UK arm of Elon Musk’s Tesla slumped by more than £500m as its profit was also slashed during its latest financial year. The division, which is headquartered in Manchester, has reported a revenue of £1.94bn for 2024, new accounts filed with Companies House show. The new figure comes after Tesla posted a [...]

    Elon Musk is the high-profile CEO of Tesla. (Photo by Kevin Dietsch/Getty Images)
  • Elon Musk’s Tesla makes bid to power UK homes

    Tech

    Elon Musk’s Tesla has applied for a licence to supply electricity to UK homes and businesses, in a move that could see the world’s most famous electric car brand take on Britain’s energy giants as soon as next year. The application was filed late last month by Tesla Energy Ventures, the Manchester-based energy subsidiary of [...]

    Tesla is already a licensed electricity generator in the UK and has sold more than 250,000 electric vehicles and tens of thousands of its Powerwall home batteries to British customers.

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