Tesla's 'Tesla Electric' Set for Australian Debut 

Rahul Bhagat

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Tesla has applied to become a "Market Customer" in Australia's electricity market, hinting at its upcoming 'Tesla Electric' service launch in the country.

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'Tesla Electric' offers Powerwall owners automated electricity buying and selling, acting as an energy retailer.

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Currently available in Texas, Tesla plans to expand this service globally.

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Australia's challenges with power supply stability and high electricity costs make it an attractive market for Tesla's energy solutions.

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Tesla's involvement in Australia began with the "Tesla Big Battery" project, addressing power grid issues.

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Elon Musk's commitment to helping low-income families led to initiatives like installing solar arrays and Powerwalls in thousands of Australian homes.