I agree that Tesla is unlikely to be interested in playing directly in a tightly regulated market as a utility. But they are happy to sell solar and storage to

I agree that Tesla is unlikely to be interested in playing directly in a tightly regulated market as a utility. But they are happy to sell solar and storage to utilities, to the extent that power grids still provide useful services. (And I definitely believe they do...) See: https://www.tesla.com/utilities https://www.tesla.com/utilities I also think that consumer 'behind the meter' solar generation and battery (or other) storage tech will also capture a lot of value that goes to utilities right now.