By Andrea Hargraves 
Energy sells one of Tesla’s profitable businesses. With more than 45,000 Superchargers, Elon Musk’s company owns and operates the world’s largest global fast charging network. However, Musk doesn’t just want to load up on cars. After turning the automotive world on its head, Tesla has now entered the world of electric distribution.
Tesla to sell energy in Europe
Selling energy is a profitable and increasingly important business. There are many companies, even in Portugal, that have added the sale of energy to their commercial offer.
Tesla, which already has experience with several products in the energy category, is now turning its attention to mass energy marketing. As such, the US manufacturer has launched its Tesla Electric division, which has its first market in Europe in the UK with its own electricity distributor.
Tesla Electric will serve owners of Tesla products in "select markets around the world." according to Shared informationthe company will provide "a seamless and seamless customer experience to ensure that residential flexibility can be fully utilized on a small scale to support the grid-wide transition to 100% renewable energy."
The company not only distributes, but also produces
Tesla also owns an energy company, which produces electricity using solar panels and large storage batteries, Megapacks, and is currently looking for a CEO to expand its entry into the UK retail market as well.
The Operations Manager in this new division will be responsible for obtaining the supply license and preparing the company for the commercial launch of the retail electricity producer in the UK.
Tesla's energy production and storage businesses include solar panels and stationary batteries. The group initially launched its retail powerhouse Tesla Electric late last year in markets like Texas and California, deploying a virtual network of tens of thousands of tiny batteries.
At the moment, Tesla Electric It will only be available to Powerwall owners It will position itself as a tool to reduce peak electricity prices, selling production to customers and surplus to the grid when prices are higher.
In this way, Tesla continues to expand and diversify its activities beyond the sale of cars, general charging, and the production of solar panels and batteries. It does this through an electricity sales division that fits perfectly with its philosophy and that will undoubtedly have a significant impact on markets that are witnessing significant price hikes due to dependence on non-renewable sources or the lack of huge backup systems to mitigate the interruption of renewable energies.
Knowing the brand and its market philosophies, we might think that real competition in domestic power supply tariffs could come in.