Tesla's push for an electricity license comes as the company endures a protracted EV sales slump across Europe.

Elon Musk's electric car and energy company Tesla has applied for a licence to supply electricity to British homes. If approved by the energy watchdog Ofgem, it would allow Tesla to take on the big firms that dominate the UK energy market to provide electricity to households and businesses in England, Scotland and Wales as soon as next year.

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 the US group.