Title: US Stocks Surged | Tesla (TSLA.US) Increases by Nearly 4% after Applying for UK Electricity Supply License

Chinatimes Finance APP learned that on Monday, Tesla (TSLA.US) rose by nearly 4%, reaching $342.88. On the news front, Elon Musk's electric car manufacturer and energy company Tesla is preparing to supply electricity to households and businesses in the UK. According to an announcement on the website of the UK energy regulator Ofgem, this Texas-based company submitted an application for an electricity supply license to the regulatory agency at the end of last month. If the application is approved, Tesla could start competing with major companies in the UK energy market as early as next year.