Tesla Apply To Become UK Electricity Provider: The Telegraph By Reuters

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© Reuters. FILE PHOTO: Tesla logo visible at branch in Bern

(Reuters) – US automaker Tesla (NASDAQ ? Inc. has applied for a license to supply electricity to the UK, the Telegraph reported on Saturday.

The purpose of the license may be to introduce the company’s “Autobidder” platform, according to the report https: //, citing a source from the company. The app doesn’t say why Tesla applied for the license, The Telegraph reported.

Having built a large battery business in recent years, the automaker is now preparing to enter the UK market with its technology, the newspaper said, citing industry sources.

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