TESLA as a GLOBAL ELECTRIC UTILITY
Tesla Seeks Approval to Be Electricity Provider in UK Source: Tesla Autobidder The Intriguing Question is Why? Tesla CEO Elon Musk has another potentially brilliant ace up his sleeve. Tesla has applied to UK energy regulators to become an electricity provider in the UK. This, according to the UK newspaper, The Telegraph. The Tesla application didn't disclose why they are applying for the license. But, the most likely purpose is to introduce Tesla's Autobidder energy platform. The mission and goal for Tesla is much bigger than the UK. Tesla seeks to be a global electricity provider. Automated Energy Trading Autobidder is a platform for automated energy trading. Tesla has been operating the system in South Australia at Tesla's Hornsdale Power Reserve. It has generated lower electricity prices for homes there. Musk likely is looking to do the same type of disruptive innovation in the UK and then move it globally. He is bu...