Tesla has submitted an application to the British energy regulatory authority, Ofgem, for a license to provide electricity to households. Should the application be approved, Tesla will enter into competition with established energy giants that currently serve England, Wales, and Scotland. Prior to this, Tesla had already ventured into the electricity supply business in Texas, USA. This move comes amidst a decline in car sales, prompting Tesla to explore new avenues for growth by expanding its energy sector operations.