Cybertruck

Make
Tesla
Segment
Sports Car

Tesla has been expanding its operations worldwide, but nowhere as much as in the Lone Star state. Earlier this year, construction on a massive new project began in Texas, and we later learned that the automaker wants to provide residents of the state with electricity, through one of its subsidiaries.

According to The Texan, that goal has now been realized, with the outlet reporting that the Public Utility Commission has approved the automaker's subsidiary, Tesla Energy Ventures, for operation in Texas as a Retail Electric Provider (REP). This will help Tesla expand its footprint even further and will help draw more attention to its electric vehicles too.

This news comes after February blackouts in the state encouraged another Tesla subsidiary, Gambit Energy Storage, to push forward with the construction of 100-megawatt batteries in the Houston area. These are intended to supplement the Southeast Texas grid with plenty of power should there be another blackout. This company also sells solar panels and their corresponding energy storage devices. But what will Tesla Energy Ventures be offering?

At this point, the details are still hazy and many of the filings have been kept confidential, but it seems obvious that Tesla will target existing customers first, encouraging them to power their Model 3s and Model Ys with power from the company. Perhaps a discounted rate could be offered to those who own Tesla vehicles.

Tesla will almost certainly be expanding its operation in this sphere, and it's not inconceivable to think that the brand will pursue energy supply on a grander scale in the state before moving further afield, possibly operating as an REP in other states too. Whatever the future holds, Tesla has its hands busy with loads of other projects in the automotive arena.

It is currently trying to hatch a deal with rental company Hertz and is yet to unveil the production version of the Cybertruck. Elon Musk seems to be putting his fingers in every pie he can, but is it too much too soon, or are we witnessing a genius at work? Only time will tell, but in the meantime, Tesla is still waiting for Texas to allow it to sell cars produced in the state.