tesla-wins-approval-to-sell-power-in-texas-it-says-a-lot-about-the-company’s-ambitions.

Tesla Wins Approval to Sell Power in Texas. It Says a Lot About the Company’s Ambitions.

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https://www.barrons.com/articles/tesla-wins-approval-to-sell-power-in-texas-it-says-a-lot-about-the-companys-ambitions-51636738322


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Tesla is constantly expanding its ambitions, and its latest move is particularly eye-opening. The company was just approved for a new kind of business — selling power in Texas.

The company applied to the Texas’ Public Utilities Commission (PUC) in August to provide power to households in the state. It’s one of several companies that are looking to expand operations in the state following a major storm in February that caused severe blackouts, pushed power prices higher and led to more than 200 deaths. 

The…